Investors in European financial markets have recently begun rapidly selling government bonds. ^[1] The sale of government bonds has caused bond yields to rise to levels last seen during the financial crisis. ^[2] Starting in September, the purchase of government bonds through Defined Contribution (DC) and Individual Retirement Pension (IRP) accounts is fully permitted in Korea without the 200 million won annual purchase limit found in general dedicated accounts. ^[3] Both 10-year and 20-year government bonds carry an additional 0.350% premium interest rate on top of the coupon rate. ^[4] Investors purchasing 300 million won of 20-year government bonds will receive approximately 783.95 million won upon maturity, generating about 483.95 million won in pre-tax interest. ^[5] Purchasing government bonds through DC or IRP accounts allows investors to defer taxes until the pension is received, maximizing the compound interest effect compared to general accounts where interest is taxed annually. ^[6] The article notes that this market activity is occurring in Europe without direct reference to the United States or China. ^[7]