SEOUL – South Korean bond yields showed mixed changes during the morning session of August 7, 2024, as market dynamics influenced short and long-term government securities differently.
According to Yonhap News Agency, the yield on 1-year treasury bills (TB) slightly decreased by 0.5 basis points, settling at 3.107%. Conversely, 2-year TBs saw an increase of 1.8 basis points, marking a yield of 3.068%. Notably, 3-year TB yields rose by 2.5 basis points to 2.960%, and 10-year TBs also experienced a rise, increasing by 1.7 basis points to reach 3.010%. Additionally, the yield on 2-year municipal standard bonds (MSB) edged up by 1.1 basis points to 3.010%, while 3-year corporate bonds (CB) rated AA- increased by 2.0 basis points, closing at 3.418%.