Korea Capital Market Institute

Rising Government Bond Yields across Advanced Economies and the Response of the Korean Treasury Bond Market [Senior Research Fellow] Kang, Hyunju Long-term yields in major advanced economies have risen in tandem over the past year, but the causes differed from country to country. The rise was driven by a repricing of the monetary policy path and a higher term premium in the United States, by a term premium transmitted from the United States in the United Kingdom, by a risk premium reflecting fiscal and political risks in... Developing Korea’s Secondary Market: Lessons from Global Markets [Research Fellow] Kim, Jinyoung Secondary markets allow investors to exit and redeploy capital while giving companies the time they need to grow. Globally, both limited partner (LP)-led and general partner (GP)-led transactions are expanding in response to constraints on traditional exit routes and longer holding periods. LP-led transactions have become an established means of generating liquidity and managin... Outlook and Development Priorities for the Market Data Industry [Research Fellow] Noh, Sungho The global market data industry has continued to grow, driven by the proliferation of AI-based analytic tools and a broadening investor base, with total spending reaching a record USD 49.2 billion in 2025. Alongside this quantitative growth, the industry’s tendency to generate increasing returns as data accumulates is expected to concentrate the benefits among a handful of larg...