Inflation risk intensifies + demand for life insurance companies weakens; South Korea's 30-year government bond yield rises to a record high.

According to the Wisdom Finance APP, the South Korean government bond market is under pressure due to high energy prices exacerbating inflation and weakened demand from life insurance companies. Specifically, the yield on 30-year government bonds has risen to 4.67%, the highest level since the issuance of this maturity bond in 2012; the yield on 2-year government bonds has seen a slight increase to 3.64%.