# KUMHO ENGINEERING & CONSTRUCTION | S.Korean stocks, won tumble on global growth woes; bond yield hits 2-1/2-yr low

> South Korean stocks and the won fell on March 28 amid global growth worries, after the US 10-year Treasury yield hit a 15-month low and the inverted yield curve raised recession fears. The 3-year Korean bond yield fell to 1.679%. The KOSPI closed down 0.82% at 2,128.10.

- Date: 2019-03-28 · published 2019-03-28T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/60345-kumho-engineering-and-construction-s-korean-stocks-won-tumble-on-global-growth
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Global recession fears and falling bond yields signal weaker risk appetite and possible demand softness, which can pressure commodity prices broadly, though the link to feed markets is indirect.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-02-17 | [Bank of Japan's growing global challenges - The Japan Times](https://feedsoft.ai/events/60820-bank-of-japan-s-growing-global-challenges-the-japan-times.md) | -0.8% | -0.7% |
| DXY | 2024-06-19 | [Dollar struggles for direction, euro close to 1-1/2-month low](https://feedsoft.ai/events/29979-dollar-struggles-for-direction-euro-close-to-1-1-2-month-low.md) | +0.2% | -1.0% |
| DXY | 2016-11-04 | [Stocks slip on US election nerves; pound up on Brexit ruling - The HinduBusinessLine](https://feedsoft.ai/events/74077-stocks-slip-on-us-election-nerves-pound-up-on-brexit-ruling-the.md) | +1.9% | +2.9% |
| DXY | 2018-07-24 | [Bond yields rise worldwide on BoJ easing talk](https://feedsoft.ai/events/64286-bond-yields-rise-worldwide-on-boj-easing-talk.md) | -0.7% | +0.8% |
| DXY | 2019-05-24 | [DE-RISKING AHEAD OF THE GLOBAL GROWTH SLOWDOWN” - Nomura \| Ainslie Bullion](https://feedsoft.ai/events/58998-de-risking-ahead-of-the-global-growth-slowdown-nomura-ainslie-bullion.md) | +0.4% | -1.2% |

## Sources

- stockopedia.com: https://www.stockopedia.com/share-prices/kumho-engineering-construction-KRX:002990/news/s-korean-stocks-won-tumble-on-global-growth-woes-bond-yield-hits-2-1-2-yr-low-019e6ba0-a14e-750f-8f0e-73cfd8e5b956/

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