South Korea's asset-backed bond market saw a sharp sell-off as strong equity gains and fund redemptions widened credit spreads, with some issues trading over 20bp above government bonds.
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[Yeojunchae Review] Far From a New Year Rally—'Over 20bp' Sell-Off Hits Market

South Korea's asset-backed bond market saw a sharp sell-off as strong equity gains and fund redemptions widened credit spreads, with some issues trading over 20bp above government bonds.

Yonhap Infomax