FX swap points declined across all tenors as ceasefire expectations reversed following President Trump's hawkish remarks on Iran, with the 1-year tenor falling 0.70 won to -15.80 won amid rising U.S. Treasury yields and widening basis spreads in the foreign currency funding market.
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FX Swap Points Fall Across All Tenors as Ceasefire Expectations Reverse

FX swap points declined across all tenors as ceasefire expectations reversed following President Trump's hawkish remarks on Iran, with the 1-year tenor falling 0.70 won to -15.80 won amid rising U.S. Treasury yields and widening basis spreads in the foreign currency funding market.

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