Traders and strategists say recent gains in South Korean gov
文 / 小金
2026-10-12 08:40:02
来源:亚金网
Traders and strategists say recent gains in South Korean government bonds are likely temporary as authorities’ volatility-smoothing measures wane while rate‑hike expectations climb. Gama Asset Management expects Korea 3‑yr and 10‑yr yields to resume rising and re‑test four‑year highs hit last month. KRW FED SWAPS price roughly a 70% chance of a cumulative 50bps Bank of Korea tightening over the next six months. Authorities have said they could deploy emergency bond repos if yields spike. Gama’s global macro PM Rajeev said inflation remains above the Bank of Korea target and further policy tightening is probable; if the global bond sell‑off continues, Korean yields will face mounting upside pressure.
