South Korean Bond Yields Experience Minor Declines Across Several Durations

SEOUL: South Korean bond yields showed minor changes across various durations, with most yields slightly decreasing on the morning of October 25, 2024. The 10-year Treasury bond yield recorded the largest decline, while the 1-year Treasury bond yield remained unchanged. According to Yonhap News Agency, the 10-year Treasury bond yield fell by 1.1 basis points, settling at 3.063 percent compared to the previous session's 3.074 percent. The 3-year Treasury bond yield decreased by 0.8 basis points, moving from 2.891 percent to 2.883 percent. Similarly, the 2-year Treasury bond yield saw a decline of 0.4 basis points, ending at 2.898 percent from the prior session's 2.902 percent. Further changes were observed in the 2-year Monetary Stabilization Bond (MSB), which slightly decreased by 0.1 basis points to 2.883 percent. The 3-year Corporate Bond (AA-) yield also experienced a reduction, dropping 0.7 basis points from 3.460 percent to 3.453 percent. The 1-year Treasury bond yield, however, remained stable at 2.85 3 percent, showing no change from the previous session.