Global bond yields simultaneously hit new highs... Bessent says 'Raise Japan's interest rates' | August exports also exceeded $90 billion... Semiconductors break all-time record | Kwon Soon-woo, 3PRO TV Reporting Team Leader

Kwon Soon-woo breaks down three market-moving themes: global sovereign yields spiking to multi-decade highs and becoming structural, Korea's record August exports led by semiconductors, and the newly proposed record budget with a 160 trillion won future response fund. He flags continued long-duration sovereign bond pressure and highlights long opportunities in Korean semiconductors, refiners, cosmetics, and biopharma CDMO. - Global long-end yields hit multi-decade highs in the US, Japan, UK, and France on oil risk, AI corporate bond supply, fiscal stress, and monetary uncertainty. - Bessent pressures Japan to raise rates, while the speaker says high rates are structural rather than temporary. - Korea's proposed 2026 budget includes record spending and a 160 trillion won future response fund focused on semiconductor clusters and physical AI infrastructure. - August exports reached $98.25 billion with semiconductor exports at $46.65 billion, an all-time high and the third straight month above $40 billion. - Petroleum products, cosmetics, and bio/wellness exports also ranked first; refining margins and US K-beauty access are key positives. - Korean refiners and SK Innovation benefit from scarce global refining capacity and battery exposure. - Incheon is cited as the world's largest biopharmaceutical production city, supporting CDMO names Samsung Biologics and Celltrion.