# S. Korea to focus on stabilizing markets amid rising US bond yields - The Korea Herald

> South Korea's finance ministry said it will step up efforts to smooth foreign exchange volatility and capital flows as rising US Treasury yields could increase market swings. The 10-year US Treasury yield had risen close to 1.6 percent on recovery and inflation hopes.

- Date: 2021-03-15 · published 2021-03-15T12:00:00.000Z
- Category: macro · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/48347-s-korea-to-focus-on-stabilizing-markets-amid-rising-us-bond-yields-the-korea
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising US yields tend to strengthen the dollar and pressure emerging-market currencies, which can raise the local cost of imported feed ingredients.

## Read by commodity

- DXY: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-01-19 | [Surging US Treasury yields to affect global FX market: vice minister - The Korea Herald](https://feedsoft.ai/events/49391-surging-us-treasury-yields-to-affect-global-fx-market-vice-minister-the-korea.md) | +0.1% | +0.5% |
| DXY | 2024-05-30 | [Emerging Asian Markets Face Pressure Amid Rising US Yields - Finimize](https://feedsoft.ai/events/30569-emerging-asian-markets-face-pressure-amid-rising-us-yields-finimize.md) | +0.3% | +1.8% |
| DXY | 2018-02-05 | [Hawkish Fed, strong dollar jolt Korean markets - The Korea Herald](https://feedsoft.ai/events/66721-hawkish-fed-strong-dollar-jolt-korean-markets-the-korea-herald.md) | +1.1% | +0.6% |
| DXY | 2022-01-27 | [Bond yields rise, rupee falls on US Federal Reserve policy and crude prices \| News on Markets - Business Standard](https://feedsoft.ai/events/43416-bond-yields-rise-rupee-falls-on-us-federal-reserve-policy-and-crude-prices-news.md) | +0.1% | +0.7% |
| DXY | 2021-03-04 | [Rising US treasury yields pushing exchange rate higher - The Korea Times](https://feedsoft.ai/events/48348-rising-us-treasury-yields-pushing-exchange-rate-higher-the-korea-times.md) | +0.7% | +0.9% |

## Sources

- koreaherald.com: https://www.koreaherald.com/article/2575189

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.