SEOUL — South Korean bond yields saw notable decreases in the morning trading session of July 9, 2024, reflecting shifts in investor sentiment across several maturities.
According to Yonhap News Agency, the yield on one-year Treasury bills (TB) fell by 1.1 basis points to 3.198%, and the three-year TBs dropped by 1.3 basis points to 3.106%. The 10-year TBs experienced a more substantial decline of 3.2 basis points, settling at 3.180%. Additionally, two-year Monetary Stabilization Bonds (MSB) and three-year Corporate Bonds (rated AA-) saw declines of 0.5 and 1.4 basis points, respectively, to 3.134% and 3.566%. These changes indicate a move towards lower yields compared to the previous trading session and may suggest a broader market trend affecting domestic financial instruments.