Reported 5 months ago
Heightened volatility from the upcoming US elections may present a favorable buying opportunity for South Korean bonds. Analysts suggest that rising uncertainties surrounding the elections could lead to increased Korean bond yields, making short-term securities appealing as interest rates potentially decrease. Forecasters predict that the three-year yield may drop to around 2.9% by year-end due to anticipated rate cuts by the Bank of Korea, which could benefit investors once election-related uncertainties stabilize.
Source: YAHOO