Seoul: South Korean bond yields experienced a mix of slight increases and decreases during the morning trading session on October 21, 2024, reflecting subtle shifts in investor sentiment and market conditions.
According to Yonhap News Agency, the yields on South Korean Treasury bonds (TBs) and monetary stabilization bonds (MSBs) saw minimal but notable changes. The one-year Treasury bond yield edged slightly higher by 0.1 basis points, settling at 2.863 percent compared to the previous session’s 2.862 percent. In contrast, the two-year and three-year Treasury bond yields decreased by 1.0 and 0.4 basis points respectively, with the two-year TB yield falling to 2.920 percent from 2.930 percent, and the three-year TB yield dropping to 2.904 percent from 2.908 percent.
The ten-year Treasury bond yield also saw a decrease, dropping 1.2 basis points to 3.060 percent from 3.072 percent in the previous session. Additionally, the two-year monetary stabilization bond (MSB) yield decreased by 1.0 basis points to 2.905
percent from 2.915 percent.
Furthermore, the yield on the three-year corporate bond rated AA- also decreased slightly by 0.6 basis points, ending at 3.474 percent compared to the previous 3.480 percent.
These changes in bond yields are indicative of the ongoing adjustments in the financial markets, influenced by various economic factors and investor behaviors.