德意志银行固定收益和外汇策略师Moon Hongcheol表示，韩元走强的前景，以及韩国债券被纳入富时全球债券基准的可能性，可能是推动因素。Moon补充称：“韩元相对疲软，从技术上讲，它更有可能进一步走强。”According to data from the Financial Supervisory Service of South Korea, foreign funds flowing into South Korean bonds increased significantly on Tuesday, with a net buying amount exceeding $1 billion, the highest level since November last year.
According to data from the Financial Supervisory Service of South Korea, foreign funds flowing into South Korean bonds increased significantly on Tuesday, with a net buying amount exceeding $1 billion, the highest level since November last year. Overseas investors have been net buyers of South Korean bonds for 14 consecutive days, setting the longest streak of continuous buying since May. DB Financial Investment, the financial investment company of Deutsche Bank, said that the influx of funds may be due to expectations of further strengthening of the South Korean won and the possible inclusion of South Korean bonds in the FTSE Russell's Global Government Bond Index. In this context, the overall increase in bets on a rate cut by the Federal Reserve has increased the attractiveness of emerging Asian assets.
This wave of buying indicates that this market, which ranked first in foreign net inflows last year, still has appeal. Global funds have poured into Asian emerging markets' stocks and bonds this year, indicating improved investor confidence in the region as the Federal Reserve approaches a rate cut.
Moon Hongcheol, fixed income and foreign exchange strategist at Deutsche Bank, stated that the prospect of a strong South Korean won and the possibility of South Korean bonds being included in the FTSE Global Bond Index could be driving factors. Moon added, "With the South Korean won relatively weak, technically speaking, it is more likely to strengthen further."
Moon predicts that the exchange rate of the South Korean won against the US dollar will rise to 1,250 won per dollar this year, and that South Korean bonds will be included in the Fuji index next year. On Wednesday, the exchange rate of the South Korean won against the US dollar was 1,341.70 won per dollar, with little change.
