The spread between South Korea’s three- and 10-year government bond yields has widened to the highest in nearly five years amid a global selloff in long-dated securities and expectations that Bank of Korea won’t raise interest rates aggressively.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-08-19/korea-yield-curve-steepest-since-2021-as-long-bond-slump-deepens)