*MGS Yields*
MGS 5 year : 3.64% , -0 bps
MGS 10 year : 3.82% , -0 bps
MGS 20 year : 4.07% , -0 bps
MGS 30 year : 4.19% , +0 bps
_Source: Bloomberg_
*Daily News*
*Plane Crash Prompts South Korea Leaders to Pause Political Fight*
Country’s worst civil aviation accident killed 179 passengers
President and Prime Minister impeached in span of two weeks
*Asian Stocks Fall After Declines on Wall Street*
Bloomberg’s dollar index is set for its best year since 2015
Hong Kong, Singapore stock markets are on half trading day
*Hong Kong Dollar Strongest Since 2021 on Record Funing Costs*
Overnight Hibor rises to record on year-end demand surge
Chinese firms’ increased dividend payouts also a factor
*South Korean Inflation Picks Up as Political Fallout Spreads*
Martial-law turmoil adds to burden for local currency won
South Korea relies heavily on imports for food and energy
*Rupee Volatility Surge Puts RBI’s Currency Strategy in Focus*
USD/INR one-month implied volatility at highest since Aug 2023
Low volatility poses risks, RBI may ease grip, says Barclays
_Source: Bloomberg_