South Korea Bonds Approach 5% Yield as Government Cuts Issuance by 5 Trillion Won; Safety Law Adds Corporate Risk
South Korean government bond yields approach the 5% threshold, prompting the Finance Ministry to cut October issuance by 5 trillion won.
Key points
- Korean 10-year bond yields approach 5%, prompting government to cut October issuance by 5 trillion won.
- New industrial safety law imposes up to 5% operating profit fines for repeat workplace fatalities.
- Seoul apartment price appreciation slows for five straight weeks as 5% mortgage rates reduce affordability.
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🇰🇷 South Korea General Economic Data korea bonds yield-curve real-estate interest-rates