Seoul: South Korean bond yields experienced a decline across various maturities, with notable decreases observed in both Treasury Bonds and Monetary Stabilization Bonds. This trend unfolded during the morning trading session on October 24, 2024.
According to Yonhap News Agency, the 1-year Treasury Bond yield decreased by 2.6 basis points, settling at 2.853 percent compared to the previous session. Similarly, the 2-year Treasury Bond yield fell by 5.5 basis points, ending at 2.887 percent. The 3-year Treasury Bond yield also saw a decline, dropping by 5.3 basis points to reach 2.883 percent.
Meanwhile, the 10-year Treasury Bond yield decreased by 4.7 basis points, concluding the morning session at 3.081 percent. The 2-year Monetary Stabilization Bond yield experienced a reduction of 4.2 basis points, landing at 2.881 percent.
Corporate bonds also reflected this downward trend, with the 3-year Corporate Bond (AA-) yield decreasing by 5.2 basis points to 3.456 percent. The consistent decline in yields across
these bonds suggests shifts in market sentiment and investor behavior.