- Strategists expect the rally in South Korean bonds to fade as the effect of government-led measures to quell volatility wears off.
- Strategists at Gama Asset Management and Hana Securities expect Korean three- and 10-year yields to resume their climb and retest the four-year highs reached last month.
- Won swaps price about a 70% chance that the Bank of Korea raises rates by a cumulative 50 basis points over the next six months.
- Global bond yields are hovering around multi-decade highs, according to the same strategists' backdrop.