SEOUL: South Korean bond yields experienced an upward shift on the morning of October 22, 2024, with various maturities seeing notable increases. The yields for Treasury bonds and corporate bonds reflected these changes as investors reacted to current market conditions.
According to Yonhap News Agency, the yield on the 1-year Treasury bond rose to 2.878%, up 1.6 basis points from the previous session’s 2.862%. The 2-year Treasury bond yield increased by 3.3 basis points to 2.953%, while the 3-year Treasury bond yield saw a rise of 3.9 basis points, reaching 2.941%. The 10-year Treasury bond yield experienced the most substantial increase, climbing 6.6 basis points to 3.120%.
In addition to Treasury bonds, the 2-year Monetary Stabilization Bond yield rose to 2.933%, marking a 3.1 basis points increase from the prior session’s 2.902%. Corporate bonds also experienced an upward trend, with the 3-year corporate bond rated AA- increasing by 3.9 basis points to 3.510%. These changes in bond yields indicate adjust
ments in investor sentiment and market expectations.