empty
 
 

2026.05.2802:18:16UTC+00South Korea’s 10Y Yield Rises After BoK Decision

South Korea’s 10-year government bond yield climbed to around 4.16% in late May, approaching its highest level since November 2023, after the central bank left interest rates unchanged but adopted a more hawkish tone. The Bank of Korea raised its inflation forecast for 2024 to 2.7%, up from 2.2% in February, citing higher energy prices following supply disruptions related to the Iran conflict. At the same time, policymakers upgraded their 2026 growth projection to 2.6% from 2.0%, reflecting stronger-than-expected first-quarter GDP, supported by surging global demand for semiconductors powered by artificial intelligence. In this context, the central bank’s dot plot for policy rates six months ahead signaled a marked hawkish shift, with two members indicating rates could reach 3.25% in risk scenarios. Most projections clustered around 3.0%, implying expectations of roughly two additional rate hikes over the next six months.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $9000 more!
    In May we raffle $9000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback