S. Korean Bond Yields Decline Across All Maturities.

Seoul: South Korean bond yields experienced a decline across all maturities on the morning of December 2, 2024. The 1-year Treasury Bill (TB) yield decreased from 2.779% to 2.758%, marking a change of 2.1 basis points (BP). Similarly, the 2-year TB yield fell by 2.0 BP, moving from 2.674% to 2.654%. The 3-year TB yield also saw a reduction, dropping 2.5 BP to settle at 2.582% from the previous session's 2.607%. According to Yonhap News Agency, the 10-year TB yield noted a significant decrease, falling by 3.3 BP to 2.718% from 2.751%. Meanwhile, the 2-year Monetary Stabilization Bond (MSB) yield also declined by 3.3 BP, changing from 2.693% to 2.660%. Additionally, the 3-year Corporate Bond (CB) rated AA- experienced a decrease in yield by 2.4 BP, moving from 3.194% to 3.170%. These changes reflect a downward trend in bond yields, signaling adjustments in the financial market conditions. The data indicates a consistent reduction across various maturities, influencing investors' strategies and market expectat ions.