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.
#YonhapInfomax #Yeojunchae #CreditSpread #KOSPI #CardBonds #FundRedemptions #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=103264
[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.
South Korea’s Yeojunchae (credit-specialized bond) market, previously buoyed by rate-cut expectations, is showing signs of weakening as discounted 'jjikpal' sales emerge and absorption of new issuances declines, prompting calls for investor caution amid seasonal factors.
#YonhapInfomax #Yeojunchae #BondMarket #Jjikpal #InterestRates #SecondaryMarket #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=67377
[Yeojunchae Market Review] Is the Bull Run Coming to an End—Emergence of Discounted 'Jjikpal' Sales
South Korea’s Yeojunchae (credit-specialized bond) market, previously buoyed by rate-cut expectations, is showing signs of weakening as discounted 'jjikpal' sales emerge and absorption of new issuances declines, prompting calls for investor caution amid seasonal factors.
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