South Korea’s Index Inclusion Gives Bond Market a Lift

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 29 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

Bloomberg Berita

South Korean,Government Bonds,Interest Rates

(Bloomberg) -- South Korean bonds got a boost thanks to the country’s surprise inclusion in a global index and growing bets that the central bank will lower ...

-- South Korean bonds got a boost thanks to the country’s surprise inclusion in a global index and growing bets that the central bank will lower interest rates this week.From Cleveland to Chicago, NFL Teams Dream of Domed Stadiums

While Korea’s bonds will only join the benchmark from late 2025, the prospect of fresh capital is lifting the debt market ahead of the Bank of Korea’s hotly anticipated meeting on Friday, when it is expected to reduce interest rates. Goldman Sachs Group Inc. strategist Danny Suwanapruti said the FTSE Russell announcement was likely a surprise to many in the market, after several banks had predicted the index revision probably wouldn’t be announced until next year. He said the move would provide a “slight tailwind” for both Korea’s government bonds and its currency.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 47. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

South Korea Joins Major FTSE Russell Index After Bond Market Reforms(Bloomberg) -- South Korea will join FTSE Russell’s benchmark bond index next year, capping months of official campaigning and an overhaul of financial...
Sumber: YahooFinanceCA - 🏆 47. / 63 Baca lebih lajut »