Won Volatility Surges Amid Rush for Safer Assets; Bonds Rally

Updated on
  • Spot rate slides ahead of Fed meeting, looming Brexit vote
  • Yields on three-, 10-year sovereign notes drop to records

A measure of swings in South Korea’s exchange rate rose by the most in 10 months and stocks slid ahead of the Federal Reserve’s meeting this week and the June 23 vote on whether the U.K. will remain in the European Union.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.