South Korea’s Kospi Falls 1.08% on Bond-Market Concerns
The Kospi fell 1.08% Monday as investors weighed a bearish bond-market outlook and expectations of further interest-rate hikes.
08% on Monday, October 12, as investors assessed a negative outlook for the country's bond market. Strategists anticipated that yields would resume rising as the effect of government efforts to limit volatility wanes and expectations for additional interest rate increases grow.