KOREA: Bond Wrap
Last updated at:Sep-09 05:50By: Jamie Grant
South Korea
- South Korea is considering curbing credit-based loans as household debt keeps increasing despite the implementation of tightened mortgage loan rules in Sept., DongA Ilbo newspaper reports
- Despite strong export growth, the Korean economy is showing signs of constrained improvement, as elevated interest rates are delaying the recovery of domestic demand," the Korea Development Institute (KDI) said in a monthly economic assessment report.
- Equity markets down today, the 10-year ticked up 4bps to 3.04%
