SEOUL — Bond yields in South Korea saw significant changes on April 25, 2024, reflecting shifts in investor sentiment and economic indicators. The yields, which indicate the return investors can expect from purchasing government bonds, varied across different maturities.
According to Yonhap News Agency, The 1-year treasury bill (TB) yield rose slightly by 1.3 basis points to 3.485%. The 2-year TB yield increased by 2.4 basis points to 3.533%. The 3-year TB yield experienced a more notable rise of 3.4 basis points, settling at 3.543%. The 10-year TB yield jumped by 6.2 basis points, reaching 3.707%. In addition to treasury bills, other instruments such as municipal securities and corporate bonds also saw changes:
The 2-year municipal security (MSB) yield increased by 1.7 basis points to 3.515%. The 3-year corporate bond (CB) with an AA- rating rose by 2.5 basis points to 4.029%. The 91-day certificate of deposit (CD) rate edged up by 1.0 basis point to 3.570%. These movements in bond yields are closely watched by market analysts and investors as indicators of economic health and monetary policy expectations.