US yields spike to 5.24%, Kospi slips 0.44% in signal zone
US 10-year yield hits 19-year high while Middle East uncertainty weighs on Korean equities
- 1.Kospi signal zone 6,834.82→6,804.93 (-0.44%)
- 2.US 10-year yield confirmed at 5.24%
- 3.Won/dollar signal zone 1,358.44→1,355.08 (-0.25%)
- 4.Semiconductor earnings hopes try to offset rate pressure
- 5.Micron earnings release (Oct 1)
“US 10-year Treasury yields have now surged to 5.24%, the highest in 19 years” — Yonhap News TV
“Middle East geopolitical uncertainty and rising US yields appear to be weighing on the market” — Yonhap News TV