Yonhap Infomax NewsSouth Korea's interest rate swap (IRS) rates declined across all tenors on April 3rd, with the 10-year rate falling 4.50bp to 3.6400%, as the swap market normalized following disruptions at the end of last month, tracking futures rather than spot markets while cross-currency swap basis inversions widened.
#YonhapInfomax #InterestRateSwap #SwapMarket #FuturesTracking #SofrRates #BasisInversion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=113694
#YonhapInfomax #InterestRateSwap #SwapMarket #FuturesTracking #SofrRates #BasisInversion #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=113694
IRS Rates Decline as Swap Market Normalizes Tracking Futures
South Korea's interest rate swap (IRS) rates declined across all tenors on April 3rd, with the 10-year rate falling 4.50bp to 3.6400%, as the swap market normalized following disruptions at the end of last month, tracking futures rather than spot markets while cross-currency swap basis inversions widened.