Seoul: South Korean bond yields experienced varied changes on November 11, 2024, with some short-term yields rising while the long-term yields saw a slight decrease. The yields for 1-year and 2-year treasury bonds increased, whereas the 10-year treasury bond yield decreased. According to Yonhap News Agency, the yield on the 1-year treasury bond rose to 2.858%, marking an increase of 1.1 basis points from the previous session. The 2-year treasury bond yield saw a rise of 1.8 basis points, reaching 2.943%. Similarly, the 3-year treasury bond increased by 1.2 basis points to 2.901%. In contrast, the yield on the 10-year treasury bond decreased by 1.1 basis points to 3.038%. The 2-year monetary stabilization bond (MSB) yield increased by 1.7 basis points, reaching 2.943%. The 3-year corporate bond (CB) with an AA- rating saw its yield rise by 1.0 basis points to 3.471%. Meanwhile, the 91-day certificate of deposit (CD) yield remained unchanged at 3.430%.
South Korean Bond Yields Show Mixed Movements on November 11, 2024.
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