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The on-the-run 10-year Korea Treasury Bond yield hit 4.400% intraday, its highest print since November 18, extending the back-end selloff driven by heavy issuance supply and a higher term premium rather than a shift in near-term Bank of Korea expectations. Rising domestic long yields tighten discount rates for KOSPI growth and duration-sensitive names, pressure bank and insurer bond portfolios, and reinforce the weak-won channel if foreign investors demand more yield compensation on KRW assets. Watch the government's Treasury bond issuance schedule, USD/KRW behavior above recent highs, and whether US 10-year yields keep leading the move, since a stabilizing UST market would be the first sign the repricing is spent.
As a Macro signal, watch whether it changes price action, volatility, or flows around KOSPI, KRW=X, BTC.
Original Source: 연합인포맥스
This page is market information analysis, not investment advice.
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