▣ Treasury bond yields rose sharply amid growing concerns over changes in domestic and international monetary policy expectations and fiscal expansion, alongside increased supply-demand pressures stemming from the inflow of domestic bond funds into the stock market.

▣ The KOSPI continued its steep upward trend driven by favorable semiconductor industry conditions and expectations for government policy measures. However, volatility significantly increased in February as profit-taking incentives grew, uncertainty over US monetary policy intensified, and concerns about AI profitability emerged.

▣ In January, bank lending declined for household loans (-2.0 trillion won in Dec. 2025 → -1.0 trillion won in Jan. 2026) for a second consecutive month, while corporate loans (-8.3 trillion won → +5.7 trillion won) shifted to an increase.

▣ Deposit-taking by banks fell sharply in January (+7.7 trillion won in December 2025 → -50.8 trillion won in January 2026), while funds under management at asset management companies exhibited a sharp increase (-3.9 trillion won → +91.9 trillion won).



※ Please refer to the attached files.