Key facts
- South Korea's 30-year Treasury bond auction yield was 4.155%.
- Authorities are intensifying bond market monitoring to contain rising yields.
- Daily calls and a private messaging group are used for communication with market participants.
- South Korea is poised for a July interest rate hike due to hotter-than-expected inflation.
- The central bank is considering a rate hike to combat rising price pressures.
South Korea is actively monitoring its bond market and communicating with participants to manage rising yields, with the recent 30-year Treasury bond auction clearing at 4.155%. This effort to control borrowing costs is heightened by inflation data suggesting a potential July interest rate hike by the central bank.