South Korea’s Bond Yields on the Rise
South Korean bond yields experienced fluctuations on March 14, 2024, with changes in both Treasury Bills (TB) and Monetary Stabilization Bonds (MSB) observed. The one-year TB saw a slight increase, while the two-year and three-year TBs, as well as the ten-year TB, also rose.
According to Yonhap News Agency, Conversely, the 91-day Certificate of Deposit (CD) rate decreased slightly. These shifts reflect the dynamic nature of South Korea’s financial markets and have implications for investors and policymakers monitoring the nation’s economic indicators.