BlockchainUS Treasury Yields Break 5.33%—Korean Stocks Hit Circuit Breaker as Memory and AI Hardware Names Tumble
The 30-year US Treasury yield surged to its highest level since 2007, driving capital out of risk assets. KOSPI plunged intraday and triggered a circuit breaker, with SK Hynix and Samsung Electronics tumbling hard. Seagate, Micron, and other memory and AI hardware stocks fell in tandem, and Taiwan's market wasn't spared either.