Free Trial

Korean rates are building on............>

KOREA RATES
KOREA RATES: Korean rates are building on yesterday's gains with the 2-year up
1.3bps to trade at 1.8578 and is threatening to break back above its 21-dma. 
- Yesterday's comments by PM Lee that could be interpreted as a call on the BOK
to hike rates, together with the global trend of rising yields, have helped the
space to rally. 
- With inflation expectations rising thanks to a combination of higher oil
prices and a deterioration in the country's fiscal accounts, the current low
rate environment is a risk to the won. 

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.