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"The Trend Is Now An Enemy": Kospi Slide Will Deepen As Momentum Flips Script
"The Trend Is Now An Enemy": Kospi Slide Will Deepen As Momentum Flips Script
By David Savage, Bloomberg Markets Live reporter and strategist
The trend is now an enemy for Asian equities, especially those in South Korea, rather than the friend it was when they soared for much of the first half of 2026.
Momentum has been the undisputed king for global factor investing in 2026, particularly for Asian markets. Those trades are fracturing, as reversals in South Korea and other tech-heavy sectors set off a deepening rotation in the region. Investors...
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Jun 21, 2026 / Dave DeCamp
Trump Issues Threats Against Iran and Its Negotiators During Switzerland Summit
President Trump on Sunday issued new threats against Iran and its negotiators as US and Iranian officials were in Geneva, Switzerland, for the first round of talks under the US-Iran Memorandum of Understanding. Speaking to Fox News reporter Trey Yingst, President Trump claimed that he spoke with Iranian officials overnight and told them: “You close […]
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Jun 23, 2026 / Tyler Durden
Average 2Y Auction Stops Through, Has Highest Yield Since Jan 2025
Average 2Y Auction Stops Through, Has Highest Yield Since Jan 2025
In the week's first coupon auction, moments ago the Treasury sold $69BN in 2Y notes at a high yield of 4.189%, up from 4.071% and the highest yield since January 2025; the auction also stopped through the When Issued 4.192% by 0.3bps, the biggest through since January.
The bid to cover was perfectly average at 2.643, unchanged from last month's 2.640 and right on top of the recent average of 2.61.
Internals were a bit on the weak side, with Indirects...
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Sep 28, 2026 / Jason Ditz
IDF Declares Mostly-Destroyed Lebanese Town of Mansouri ‘Finished’ After Huge Explosion
Israel launches attacks on several locations in southern Lebanon on any given day. That’s barely news in and of itself anymore, but one of the sites most persistently targeted in recent weeks was the town of Mansouri, in Tyre District. In early August, Israel’s military imposed a full evacuation order on Mansouri, and the attacks […]
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