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المشهد العربي
Korean 3- & 10-year bond yield gap widens
The spread between South Korea's 3- and 10-year bond yields saw a significant increase, reaching its highest level since 2021 at around 54 basis points. This widening was influenced by a global sell-off of long-term sovereign bonds and rising oil prices, which heightened inflation risks. Additionally, the yield on the 10-year bonds rose by approximately 90 basis points since the end of February, while the yield on the 3-year bonds decreased by 13 basis points, reflecting expectations of monetary tightening in South Korea's economy, which is heavily dependent on oil imports.
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