%South Korea Government Bond 10Y
KR-10Y
▲ PositiveMonetaryrelevance
BoK rate hike supports KRW, likely raising Korean bond yields
Commerzbank's Charlie Lay reports that the Bank of Korea delivered a second consecutive 25 basis point rate hike to 3.0% and maintained a tightening bias, which is supporting the Korean won after its sharp appreciation since June.
BoK rate hike supports KRW, likely raising Korean bond yields