# Blue wave shakes financial markets: stock crash, won rise, treasury yields fall

> After the Democratic sweep of the US midterms, Korean stocks and the KOSDAQ plunged, the won weakened to 1,342.1, and Korean treasury yields fell. US 10-year yields dropped from 4.95% to around 4.83%, and WTI fell 8.3% to $88.12 on hopes of an early end to the US-Iran war.

- Date: 2026-11-05 · published 2026-11-05T09:09:40.506Z
- Category: macro · region South Korea · magnitude medium
- Page: https://feedsoft.ai/events/81482-blue-wave-shakes-financial-markets-stock-crash-won-rise-treasury-yields-fall
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

Lower oil prices ease inflation pressure and reduce the chance of further US rate hikes, which supports the dollar's weakness. Lower energy costs also reduce feed production and freight costs at the margin.

## Read by commodity

- DXY: bearish ▼
- WTI: bearish ▼
- USDKRW: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2020-03-03 | [GLOBAL MARKETS-Stocks slide, 10-year Treasury yield hits record low after Fed's emergency rate cut](https://feedsoft.ai/events/7172-global-markets-stocks-slide-10-year-treasury-yield-hits-record-low-after-fed-s.md) | -33.6% | -66.1% |
| WTI | 2020-10-26 | [Stock markets slide as Covid-19 cases rise](https://feedsoft.ai/events/8190-stock-markets-slide-as-covid-19-cases-rise.md) | -10.3% | +5.7% |
| WTI | 2021-05-20 | [Stocks struggle as taper talk, crypto crash put markets on edge \| Reuters](https://feedsoft.ai/events/47008-stocks-struggle-as-taper-talk-crypto-crash-put-markets-on-edge-reuters.md) | +4.8% | +12.2% |
| WTI | 2020-03-09 | [Brazil central bank to continue FX intervention as long as it takes to calm market \| Financial Post](https://feedsoft.ai/events/6408-brazil-central-bank-to-continue-fx-intervention-as-long-as-it-takes-to-calm.md) | -23.0% | -31.2% |
| WTI | 2020-10-29 | [Latam FX fails to shake off virus, election worries \| Financial Post](https://feedsoft.ai/events/50920-latam-fx-fails-to-shake-off-virus-election-worries-financial-post.md) | +4.6% | +22.3% |
| DXY | 2023-08-30 | [Rupee set to rise as US dollar, yields retreat after weak job openings - Market News \| The Financial Express](https://feedsoft.ai/events/34865-rupee-set-to-rise-as-us-dollar-yields-retreat-after-weak-job-openings-market.md) | +1.3% | +2.3% |
| DXY | 2020-03-03 | [GLOBAL MARKETS-Stocks slide, 10-year Treasury yield hits record low after Fed's emergency rate cut](https://feedsoft.ai/events/7172-global-markets-stocks-slide-10-year-treasury-yield-hits-record-low-after-fed-s.md) | +0.3% | +5.5% |
| DXY | 2020-06-10 | [Possible Fed move to cap yield rise could further weaken U.S. dollar \| Financial Post](https://feedsoft.ai/events/52807-possible-fed-move-to-cap-yield-rise-could-further-weaken-u-s-dollar-financial.md) | +0.8% | +0.8% |

## Sources

- hankookilbo.com: https://www.hankookilbo.com/news/article/A2026110513220000975

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