Korean Bonds Drop as Faster Inflation Seen Keeping BOK on Hold

Updated on
  • 10-year yield climbs to the highest level since September
  • Consumer price index rises more than forecast in October

South Korea’s government bonds fell, pushing the 10-year yield to the highest in more than five weeks, as a pickup in inflation supported bets the Bank of Korea will refrain from adding to interest-rate cuts this year.

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