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Korean bond yields seen jumping on Mers stimulus

Analysts see up to 25t won of bonds, mortgage-backed debt as govt hints at extra budget to boost growth

Seoul

SOUTH Korea's bond market is bracing for a jump in yields as the government plans new spending to protect the economy from a deadly virus that's damping confidence.

Issuance to fund the stimulus will add to a planned increase in sovereign sales and record supply of mortgage-

sentifi.com

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