South Korean Bond Yields Experience Decline Across Various Terms.

Seoul: South Korean bond yields have experienced a decline across various terms on the morning of November 27, 2024. The yield on the 1-year treasury bond (TB) decreased slightly to 2.850% from the previous session's 2.854%, marking a change of -0.4 basis points (BP). Similarly, the yield on the 2-year TB fell to 2.815%, down from 2.825%, with a change of -1.0 BP. The 3-year TB yield also saw a decline, moving to 2.750% from 2.773%, a change of -2.3 BP. Meanwhile, the 10-year TB yield dropped to 2.883% from 2.903%, a decrease of -2.0 BP. According to Yonhap News Agency, the 2-year Monetary Stabilization Bond (MSB) yield decreased to 2.824% from 2.842%, showing a change of -1.8 BP. Additionally, the 3-year Corporate Bond (CB) with an AA- rating saw its yield decrease to 3.324% from 3.343%, a change of -1.9 BP. These shifts indicate a broad-based decline in bond yields for South Korea, reflecting changes in the financial market conditions.