Yonhap Infomax NewsSouth Korean government bond yields ended mixed as President Trump’s dismissal of Fed Governor Lisa Cook and positioning ahead of a 30-year auction drove weakness in ultra-long maturities, with the 10-year yield rising and the 3-year yield falling amid global rate volatility.
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[Bond Market Closing]Curve Steepens as Trump Ousts Lisa Cook—Ultra-Long Bonds Weaken
South Korean government bond yields ended mixed as President Trump’s dismissal of Fed Governor Lisa Cook and positioning ahead of a 30-year auction drove weakness in ultra-long maturities, with the 10-year yield rising and the 3-year yield falling amid global rate volatility.