US Aug jobs beat by 162k sparks rate-hike fears, KOSPI and crypto slide
Stronger-than-expected US jobs data lifts Fed hike odds, driving Treasury yields higher and amplifying volatility in Korean markets
- 1.US Aug jobs +162k sends BTC-KRW down 2.55%
- 2.10Y Treasury yield at 4.77, hits intraday high of 4.8%
- 3.FSC to push tokenization of stocks, bonds and funds from Feb next year
- 4.Robot sector enters commercialization phase, related stocks seen leading
- 5.Foreigners' futures near 28,000 contracts cumulative, buying limit
“10Y Treasury yield showed an incredible intraday surge to 4.8% this week.” — YTN
“How foreigners have been handling futures is really important.” — 삼프로TV 3PROTV