Seoul - As of July 30, 2024, South Korea’s bond yields have experienced mixed shifts, with notable changes recorded in both short and long-term bonds.
According to Yonhap News Agency, Today's trading session saw a slight decrease in the 1-year Treasury bill (TB) yield, dropping by 0.1 basis points, whereas the 2-year TB increased by 1.9 basis points, indicating a more pronounced movement in the market. The 3-year TB also rose by 1.6 basis points. In longer maturities, the 10-year TB saw a modest increase of 0.6 basis points. Notably, the 2-year Municipal Solid Bond (MSB) and the 3-year Corporate Bond (AA-) experienced increases of 2.0 and 1.7 basis points, respectively. The 91-day Certificate of Deposit (CD) remained stable, with no change from the previous session.
These movements reflect ongoing adjustments and reactions within the South Korean bond market, influencing both short-term and long-term investment strategies.