South Korean Bond Yields Experience Notable Decline.

Seoul: South Korean bond yields saw a decline across most tenures on November 25, 2024, reflecting shifts in the financial markets. The 1-year Treasury Bond yield decreased to 2.853% from the previous session's 2.866%, marking a decline of 1.3 basis points. Meanwhile, the 2-year Treasury Bond yield fell by 3.7 basis points to 2.828%, down from 2.865%. According to Yonhap News Agency, the 3-year Treasury Bond yield experienced a decline of 4.3 basis points, settling at 2.773% compared to the previous 2.816%. The 10-year Treasury Bond yield saw the largest decrease, dropping by 5.6 basis points to 2.920% from 2.976%. In terms of short-term debt instruments, the 2-year Monetary Stabilization Bond yield decreased by 3.5 basis points to 2.845%, down from 2.880%. The 3-year Corporate Bond (rated AA-) yield also saw a decline, falling by 4.3 basis points to 3.342% from 3.385%. However, the 91-day Certificate of Deposit yield remained unchanged at 3.440%.