South Korean Bond Yields See Varied Changes on January 10, 2024

SEOUL — The South Korean bond market experienced mixed shifts in yields on January 10, 2024, with some Treasury Bonds (TB) and Monetary Stabilization Bonds (MSB) witnessing an increase, while others saw a decrease.

According to Yonhap News Agency, the 1-year Treasury Bond yield increased slightly by 0.3 basis points, settling at 3.427 percent. The 2-year Treasury Bond yield saw a slightly higher rise of 0.8 basis points, reaching 3.363 percent. More significant changes were observed in the 3-year Treasury Bond, which increased by 1.4 basis points to 3.269 percent, and the 10-year Treasury Bond, which rose by 2.3 basis points to 3.346 percent. In contrast, the 91-day Certificate of Deposit (CD) experienced a decrease of 1.0 basis point, bringing its yield down to 3.790 percent. Meanwhile, the 2-year Monetary Stabilization Bond (MSB) increased by 1.4 basis points to 3.334 percent, and the 3-year Corporate Bond (AA-) rose by 1.3 basis points to 4.017 percent.

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