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Finance & Markets

Hard to See What Can Stop Upward Trend in Yields, BNP Paribas Says

Isabelle Mateos y Lago, group chief economist at BNP Paribas, discusses concerns over ballooning US fiscal deficits and persistent inflation which sent long-dated yields to multi-decade highs last week. Speaking on Bloomberg Television, she also looks ahead to Federal Reserve Chairman Kevin Warsh's Jackson Hole speech on Friday. (Source: Bloomberg)

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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[Closing Market] KOSPI Plunges 3.12% to Break the 6,700 Level

The domestic stock market drew a steep downward curve on Aug. 24 as external negative factors, namely the surge in U.S. Treasury yields and the intensification of the tariff war, hit simultaneously.

  • KOSPI stock market plunges 3.12%, breaking 6,700 level
  • External factors: rising U.S. Treasury yields, trade tensions
  • KOSDAQ index closes higher due to rebounding secondary battery stocks

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