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SOUTH KOREA: The Dual Drivers for the Korean Bond Market in 2025. 

SOUTH KOREA
EM BulletBulletSouth KoreaAPACEmerging Market News
  • Today’s CPI release in Korea sees inflation remaining below the BOK’s 2% target indicating the need for further rate cuts in 2025.
  • There may however be signs that inflation is stabilizing when looking at the release further.
  • CPI less energy and food increased +1.9% y/y whilst a commonly followed cost of living index rose from +1.2% in October to +1.6%.
  • It may be too soon to forecast that inflation is stabilizing but if it is, it may challenge the -88bps of rate cuts the market has priced over a in at present over a 1-year time horizon.

 

 

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  • Today’s CPI release in Korea sees inflation remaining below the BOK’s 2% target indicating the need for further rate cuts in 2025.
  • There may however be signs that inflation is stabilizing when looking at the release further.
  • CPI less energy and food increased +1.9% y/y whilst a commonly followed cost of living index rose from +1.2% in October to +1.6%.
  • It may be too soon to forecast that inflation is stabilizing but if it is, it may challenge the -88bps of rate cuts the market has priced over a in at present over a 1-year time horizon.

 

 

Keep reading...Show less