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U.S. 10-year Treasury yield hits post-2007 high as KOSPI eyes 7,000 recovery

  • U.S. 10-year Treasury yields reached a new high since 2007.
  • Semiconductor stocks remained resilient despite pressure from the bond market.
  • KOSPI is expected to attempt a recovery above 7,000.

The U.S. 10-year Treasury yield reached a fresh high since 2007, increasing pressure on equities through the bond market. Semiconductor stocks showed resilience, supporting expectations that South Korea's KOSPI could attempt a recovery above 7,000. The market update was dated the 29th in local time.

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