Homeowners looking to renew their mortgage this year should be concerned about three and five-year government bond yields, one mortgage expert said.
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South Korean government bond yields fell after the Bank of Korea’s dovish policy stance, with the 10-year yield down 3.9bp to 3.433% and market sentiment turning bullish amid global yield declines and KOSPI weakness.

KB Kookmin Bank, South Korea’s leading government bond primary dealer, credits its top performance to proactive pivoting, flexible trading strategies, and the adoption of its in-house ECM Trading System, positioning itself for global investor demand ahead of WGBI inclusion.

South Korean government bond yields rose as the KOSPI index neared 6,000, with risk appetite increasing ahead of the Bank of Korea's policy meeting and foreign investors selling treasury futures.

South Korean treasury bond futures reversed morning gains to close slightly lower as rising overseas yields in Japan and Australia weighed on the market, with foreign investors shifting positions and local yields edging higher.