South Korean Bond Yields Decline Across All Tenors.

Seoul: Bond yields in South Korea experienced a decline across all tenors on November 28, 2024. The 1-year Treasury Bond (TB) yield decreased to 2.802%, down by 4.4 basis points from the previous session's 2.846%. Similarly, the 2-year TB yield fell to 2.705%, marking a 9.5 basis points drop from 2.800%. According to Yonhap News Agency, the 3-year Treasury Bond yield also saw a reduction, moving down to 2.638% from 2.741%, which is a decrease of 10.3 basis points. The 10-year Treasury Bond yield declined by 9.2 basis points, settling at 2.788% from its earlier 2.880%. The yields for other financial instruments also decreased. The 2-year Monetary Stabilization Bond (MSB) yield dropped to 2.719%, a fall of 9.8 basis points from 2.817%. The 3-year Corporate Bond (AA-) yield reduced by 9.6 basis points, reaching 3.220% from 3.316%. Additionally, the 91-day Certificate of Deposit (CD) yield saw the most significant decrease, falling by 15 basis points to 3.290% from the previous session's 3.440%.