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Yield Curve Inversion A Concern

KOREA RATES

Yonhap Infomax carrying reports that South Korea is considering reducing issuance of shorter dated bonds, as well a considering an additional 30-year auction next week in the wake of 10/30-year yield inversion.

  • The MOF is scheduled to auction KRW 2.7tn of 5-Year paper on March 22, and KRW 900bn of 20-Year debt on March 23.
    • 10-Year: 2.174%
    • 20-Year 2.159%
    • 30-Year: 2.145%

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