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.
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South Korea stocks set for biggest quarterly drop since early 2020
KOSPI falls 0.04% to 6,867.80 by 0253 GMT and is down 19% this quarter; foreigners net sold 519.1 billion won and the benchmark 10-year yield fell to 4.424%.