SEOUL — South Korean bond yields saw a notable increase on April 16, 2024.
According to Yonhap News Agency, the yields on Treasury Bonds (TB) and other government securities recorded rises in several key categories. The one-year Treasury Bond yield rose slightly by 1.1 basis points to 3.455%, while the two-year Treasury Bond yield increased by 2.3 basis points to 3.490%. More significantly, the three-year Treasury Bond yield went up by 2.9 basis points to 3.469%, and the ten-year Treasury Bond yield saw a larger rise of 5.7 basis points to 3.618%.
In the municipal sector, the two-year Municipal Standard Bond (MSB) increased by 2.7 basis points to 3.473%. The three-year Corporate Bond (CB) rated AA- also rose by 2.7 basis points, reaching 4.010%. However, the 91-day Certificate of Deposit (CD) yield remained unchanged at 3.560%. These shifts in bond yields reflect ongoing adjustments in the financial markets, with implications for investors and policy makers.