Middle East tensions flare, KOSPI drops 1.05% as oil and yields climb together
US-Iran clash escalation pushes oil above $90 and 10-year yield past 4.79, hitting Korean stocks and crypto at once
- 1.KOSPI slips from 6,632.33 to 6,562.52
- 2.KRW/USD falls from 1,373.87 to 1,360.36
- 3.10-year yield at 4.79 (+0.04) with oil rising
- 4.BTC and ETH both seen down around 0.9%
- 5.US-Iran clash repeatedly confirmed as main driver of rate and oil pressure
“US-Iran tensions are rising again. Our market showed weakness today.” — Yonhap News TV
“Global bond yields simultaneously hit record highs” — Sampro TV 3PROTV