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Buying Surged as 10-Year Treasury Yield Topped 5% Largest Quarterly Total Since 2011 Stronger Won Also Reduced Buying Costs South Korean retail invest
Korean retail investors net sold 422.7 billion won of benchmark index ETFs in September while buying 98.1 billion won of money market ETFs.
South Korean retail investors are expanding bond purchases in both U.S. and domestic markets simultaneously. Last month, net purchases of U.S. bonds…