Bond Market Jitters Likely to Persist Despite Stabilization Measures Due to High Inflation, High Rates: Analysts

SEOUL, Oct. 24 (Korea Bizwire) — South Korea’s emergency bond-buying measures are expected to ease anxiety “in the short term” over a credit crunch in the corporate debt market that has been roiled by a recent default on municipal government-guaranteed borrowing raised to construct a local theme park, analysts said Monday. They, however, expressed skepticism [...]