South Korean Bond Yields Experience Slight Decline.

Seoul: South Korean bond yields saw a decline in the morning session on November 7, 2024, with various maturities experiencing a decrease in basis points. According to Yonhap News Agency, the 1-year Treasury bond yield decreased by 0.5 basis points, moving from 2.867% to 2.862%. The 2-year Treasury bond yield fell by 2.2 basis points, adjusting from 2.980% to 2.958%. The 3-year Treasury bond saw a decline of 3.2 basis points, dropping from 2.960% to 2.928%. Additionally, the 10-year Treasury bond yield decreased by 2.3 basis points, from 3.134% to 3.111%. The 2-year Monetary Stabilization Bond (MSB) yield also experienced a decline, falling by 2.2 basis points from 2.982% to 2.960%. Furthermore, the 3-year Corporate Bond (AA-) yield recorded a decrease of 2.7 basis points, moving from 3.529% to 3.502%. Overall, the morning session reflected a downward trend in bond yields across different maturities, indicating changes in the financial landscape of South Korea.