SEOUL – Bond yields in South Korea recorded notable increases across several maturities today, continuing a trend of volatility in the financial markets. The changes spanned from short-term to long-term bonds, indicating a broader shift in the bond market's dynamics as of April 22, 2024.
According to Yonhap News Agency, the yield on one-year treasury bills rose by 2.6 basis points to 3.473 percent. The two-year treasury bills saw an increase of 4.3 basis points, reaching 3.528 percent. Similarly, three-year treasury bills climbed by 4.4 basis points to 3.512 percent. Notably, the yield on ten-year treasury bills jumped by 6.7 basis points to 3.650 percent. The two-year monetary stabilization bonds (MSB) and three-year corporate bonds (rated AA-) also experienced increases in yields, reflecting heightened investor anticipation of rate changes.