South Korean government bond yields rose sharply in late September as financial stability risks increased and foreign investors turned net sellers of treasury futures, the Bank of Korea (BOK) said Thursday. Three-year government bond yields climbed to 2.58% at the end of September from 2.43% in August, while 10-year yields reached 2.95% from 2.82%. Short-term rates remained largely steady, with Money Market Fund — short-term investment vehicles for corporate cash management — demand subdued.

Meanwhile, the KOSPI hit a record 3,748.37 pointson Thursday, driven by strong semiconductor performance and optimism over a possible trade deal with the U.S. following