South Korean interest rate swap (IRS) rates rose across all tenors on March 27 following a sharp surge in US Treasury yields, with the 1-year IRS rate jumping 5.75 basis points to 3.3025%, while foreign institutional selling pressure showed signs of easing ahead of next week's buyback operations.
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IRS Rates Weaken on Surging US Yields; Foreign Selling Pressure Eases

South Korean interest rate swap (IRS) rates rose across all tenors on March 27 following a sharp surge in US Treasury yields, with the 1-year IRS rate jumping 5.75 basis points to 3.3025%, while foreign institutional selling pressure showed signs of easing ahead of next week's buyback operations.

Yonhap Infomax