Posted inChina, Germany, India, Italy, Mexico, North Korea, Northeast Asia, South Asia, South Korea, United Kingdom, World

Tough talk has lifted cost of insuring South Korean debt

1. Jaw-jaw, sell-sell An unnerving war of words between Washington and Pyongyang has pushed the cost of insuring South Korean debt against default to its highest in 1-1/2 years and the expected volatility of the Korean won is creeping higher. Gauges of market risk have been rising but are far off their peaks as the […]