SEOUL — South Korean bond yields exhibited varied changes on August 12, 2024, with some yields slightly decreasing while others saw modest increases, reflecting a mixed financial market sentiment.
According to Yonhap News Agency, the 1-year treasury bond (TB) yield decreased slightly by 0.8 basis points, closing at 3.084 percent. Meanwhile, the 2-year TB yield remained unchanged at 3.034 percent. The 3-year TB yield, however, experienced a slight increase of 0.5 basis points, settling at 2.946 percent. Notably, the 10-year TB yield decreased by 1.2 basis points, reaching exactly 3.000 percent. In the municipal sector, the 2-year municipal standard bond (MSB) yield rose by 0.7 basis points to 2.997 percent, and the 3-year corporate bond (CB) rated AA- increased by 1.2 basis points, ending at 3.421 percent. The 91-day certificate of deposit (CD) rate decreased by 1.0 basis point, recording a rate of 3.460 percent.
These shifts in bond yields reflect ongoing adjustments in the market, influenced by a variety of economic factors and investor sentiment.