South Korean Bond Market Sees Minor Fluctuations in Yields.

Seoul: South Korean bond yields experienced slight changes across various tenures, as reported on November 4, 2024. The yields on government and monetary stabilization bonds showed minor fluctuations, reflecting the ongoing dynamics in the financial markets. According to Yonhap News Agency, the yield on the 1-year Treasury Bond (TB) decreased by 0.5 basis points to 2.870% from the previous session's 2.875%. Similarly, the yield on the 2-year TB saw a reduction of 0.5 basis points, moving from 2.961% to 2.956%. The 3-year TB also experienced a slight decline, with its yield dropping by 0.4 basis points to 2.935% from 2.939%. In contrast, the 10-year TB yield increased by 0.6 basis points, rising from 3.090% to 3.096%. Meanwhile, the 2-year Monetary Stabilization Bond (MSB) yield saw a modest rise of 0.2 basis points, adjusting from 2.948% to 2.950%. The 3-year Corporate Bond (AA-) and the 91-day Certificate of Deposit (CD) yields remained unchanged at 3.507% and 3.430%, respectively.