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Korean Bond Yields Rise Thanks to Chip Boom, Analysts Say
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South Korea's bonds are set to prolong this year's decline as the semiconductor boom fuels the country's economic growth and increases inflationary pressures, analysts say.Citigroup Inc. now anticipates four quarter-point interest rate hikes over the next year, compared to the previous two. iM Securities sees three-year yield increase to 4%, the highest since November 2023, while Shinyoung Securities expects it to come close to 3.8%.The sale of …
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