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South Korea’s 3-year bond yield rises past 4.1% after U.S. Treasury surge

  • South Korea’s 3-year government bond yield closed above 4.1% in Seoul.
  • The yield reached 4.119% on Sept. 28, up 0.113.
  • U.S. Treasury yields surged sharply during the Chuseok holiday before the move reached Korea’s bond market.

South Korea’s 3-year government bond yield closed above 4.1% on Sept. 28, showing the impact of a sharp surge in U.S. Treasury yields during the Chuseok holiday. The yield ended at 4.119%, up 0.113 from the previous session, as pressure spread to the country’s bond market.

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