South Korea's 3-Year Government Bond Yield Falls 5.7bp on July 29 Amid Semiconductor Stock Crash

According to Seoul bond market data, South Korea's 3-year benchmark government bond yield fell 5.7 basis points to 3.773% on July 29 afternoon, while the 10-year yield declined 4.7bp to 4.245%, marking lows not seen since July 10. The decline was driven by a sharp sell-off in semiconductor stocks, with Samsung Electronics dropping around 12% and SK Hynix falling approximately 18%. The KOSPI and KOSDAQ indices both retreated roughly 12%, triggering risk-off sentiment that strengthened demand for safe-haven bonds. The Korean won also appreciated by over 19 won against the dollar, adding to bond market strength.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments