South Korean government bond yields declined on October 2 as easing U.S. Treasury yields reflected safe-haven demand linked to France’s fiscal deterioration and weaker expectations for additional Federal Reserve rate hikes. At the same time, South Korean retail investors increased U.S. bond purchases as Treasury yields remained above 5% and U.S. stock trading cooled. Net U.S. bond purchases totaled $3.184 billion, or about 4.3047 trillion won, in August and September, while September bond buying exceeded net U.S. stock purchases by $362 million. South Korea also cut planned October government bond issuance by 5 trillion won using excess tax revenue, potentially reducing supply pressure.