Korean Treasury yields forecast to hit record lows 2015
Korean economy
Seoul - Yonhap
South Korean Treasury yields are likely to continue to fall and hit rock-bottom levels during the second quarter of next year on expectations of additional rate cuts by the country's central bank, a report said on Thursday.
The Bank of Korea (BOK) will cut its base rate to a fresh record low of 1.75 percent in the April-June period of 2015, as China is likely to trim reserve-ratio requirements during the first quarter of next year, according to the report by Hana Daetoo Securities Co., one of leading local brokerage houses.
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