KOSPI climbs 2.8% in signal zone as Treasury yields surge
August PCE missed forecasts but US 10-year yield rose to 5.29%, pressuring risk assets
- 1.US 10-year yield at 5.29 (+0.03)
- 2.KOSPI signal zone 6,781→6,971 (+2.80%)
- 3.August PCE below forecast confirms cooling inflation
- 4.Micron beats but shares mixed
- 5.KOSDAQ gains led by semiconductor materials/parts/equipment
“The 10-year Treasury yield topped 5.3% intraday, a new high since 2007.” — Yonhap News TV