Foreign Investors Turn Net Sellers of South Korean Bonds in August

According to The Korea Herald, foreign investors became net sellers of South Korean bonds in August for the first time in about 3 1/2 years as the yield advantage from currency-hedged investments declined. They sold a net 839.7 billion won ($624.8 million) of Korean bonds last month, their first monthly net selling since January 2023, according to data from investment banks and debt market sources. Even so, foreign investors remained net buyers of 63.26 trillion won in bonds in the year through Sept.