He was expected to be the majority of the [South Korea Seo Hye Rin nine financial newspaper reporter] bond market experts freeze in April the Bank of Korea interest rate (1.25%). The expectation analyzes the domestic household debt increased scale and speed weigh on interest rate cuts.
11 days announced by the bond market index Financial Investment Association (BMSI, Bond Market Survey Index), based on interest rates BMSI is dwaeteumyeo investigated by maintaining the same level as the previous month to 99.0 (previous month 100.0), survey respondents 99.0% (MoM 100.0, according to percent) responded in April that it will freeze the bank of Korea interest rate (1.25%).
Such as protracted domestic demand contraction in the US trade protectionism expanded under vulnerable and industrial restructuring issues and act as rate cut expectations factor. But it was still there, and the domestic household debt scale and increasing speed and improving US economic indicators are not favorable, such as a burden on the April rate cut benchmark interest rates will lead a prospect to be frozen.
BMSI interest rate outlook will rise to 18.0 points from the previous month to 88.0 (70.0 mm), interest related to the bond market sentiment survey to be significantly improved compared to the previous month.
This is because the coexistence of rising interest rates and falling support component elements. Rising interest rates support element is such that reaffirms that a gradual rate increase trend with inflation expectations easing effects and March FOMC meeting minutes due to the implementation of fiscal policy, the US government Trump uncertainty. However, there are factors such as interest rates decline due to the shrinking consumption, low growth and sustainable employment cold lingering in April the domestic bond market interest rates were expected to be high percentage of respondents hybridization.
Whereas 22.0% (34.0% the previous month) of the respondents fell 12.0% points compared to the previous month in response to rising interest rates, falling interest rates and the percentage of respondents hybridization appeared to have risen by 10.0% points compared to 6.0% the previous month to 68.0%, respectively.
BMSI price is 97.0 to 7.0 points down compared to the previous month (104.0 mm) water-related bond market sentiment survey to be slightly worse compared to the previous month. This was identified as considering the impact of international oil prices and domestic agricultural and livestock products prices due to OPEC production cuts agreed.
BMSI rates are 98.0-point rise from the previous month to 18.0 (80.0 mm), exchange rate-related bond market sentiment survey improved as compared to the previous month equivalent in width. "Trump Care" As a commitment to run such an opaque Congress voted to withdraw the next president of the Trump tax reform and infrastructure investment has increased compared to the relatively strong proportion of respondents have a continued exchange rate of the local currency last month.
In addition to comprehensive BMSI 5.2 point rise from the previous month to 92.6 (87.4 mm) in April it showed that overall bond market sentiment improved slightly compared to the previous month.
Gold tuhyeop announced this survey is a survey for April 3 from March 29th. Bond holdings and operations related workers (129 organizations, 200) 72 institutions 100 people survey that targets the (foreign 6 engine, 7) has the answer, detailed work By publishing (issuers) 5 persons, management (fund managers, traders, etc.) 49 persons, intermediaries (brokers, IB-party services, etc.) 16 people, analysis (analysts, economists, RM-party services, etc.) were involved in 24 patients, six other surveys.
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