U.S. Treasury Yields Soar..."Brace for the 'Bond Market Chill'" [1-Minute Brief]

[At a Glance]

① [Market] U.S. Treasury yields soar...Surge continues

② [Commodities] Middle East conflict fuels energy supply instability...Korea National Oil Corporation focuses on securing supply

③ [Defense] Special Act provides legal foundation for nuclear-powered submarine program...Passed at Cabinet meeting

MARKET INDEX : Year to date

Top3 NEWS

■ "Brace for the Bond Market Chill" U.S. Treasury Yields Soar, Korean Government Bonds Also Volatile

○U.S. 10-year Treasury yield at 5.241%

○Highest level since June 12, 2007

○Seoul bond market hit hard

■ Volatile International Oil Prices, Shaken Supply Chains...Korea National Oil Corporation Deploys 'Crisis Response Team'

○Geopolitical risks from the Middle East intensify

○President Sohn Ju-seok activates company-wide response system

○"Dual track: Energy security and management innovation"

■ 'Special Act on Deployment and Promotion of Nuclear-Powered Submarines' Passed at Cabinet Meeting

○Special Act for nuclear-powered submarine program submitted to the Cabinet

○First case combining weapon systems and nuclear power

○Institutionalized introduction of national strategic assets

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