South Korea’s new president, Lee Jae-Myung, inherits a weak and fragile economy, battered by domestic political turmoil, natural disasters, and US tariffs. His immediate priorities will be stimulating growth and restoring business and consumer confidence. The Korean Trerasury bond curve is expected to steepen, while the KRW is seen appreciating

South Korea woke on Wednesday to a new liberal president, Lee Jae-myung, who vowed to raise the country from the turmoil of a martial law crisis and revive an economy reeling from slowing growth and the threat of global protectionism.