Yonhap Infomax NewsFX swap points in South Korea surged sharply as robust foreign demand for Korean bonds fueled fiscal bids, with the one-year swap point rising 1.40 won to -30.40 won; market sentiment shifted as U.S. Treasury yields fell while domestic yields climbed.
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https://en.infomaxai.com/news/articleView.html?idxno=66418
FX Swap Points Surge as Foreign Demand for Korean Bonds Spurs Fiscal Bids
FX swap points in South Korea surged sharply as robust foreign demand for Korean bonds fueled fiscal bids, with the one-year swap point rising 1.40 won to -30.40 won; market sentiment shifted as U.S. Treasury yields fell while domestic yields climbed.