South Korean Bond Yields Experience Decline Across All Maturities.

Seoul: South Korean bond yields saw a decline across all maturities on the morning of November 28, 2024. The yields on treasury bonds (TB) and monetary stabilization bonds (MSB) experienced a drop, indicating shifts in the bond market. According to Yonhap News Agency, the 1-year treasury bond yield dropped to 2.808%, down 3.8 basis points from the previous session, which stood at 2.846%. The 2-year treasury bond saw a notable decrease of 7.9 basis points, bringing the yield down to 2.721% from 2.800%. Similarly, the 3-year treasury bond yield fell by 8.9 basis points, marking a change from 2.741% to 2.652%. The 10-year treasury bond yield also declined by 6.0 basis points, with the rate moving from 2.880% to 2.820%. In the monetary stabilization bond market, the 2-year MSB yield decreased by 8.1 basis points, settling at 2.736% compared to the previous session's 2.817%. Corporate bonds were not exempt from these changes. The 3-year corporate bond (rated AA-) saw its yield fall by 8.6 basis points, decreasi ng from 3.316% to 3.230%. These shifts in bond yields reflect the current market conditions and investor sentiments.