S. Korean Bond Yields on Aug. 1, 2022

Today (%) Previous Session(%) Change (BP)1-year TB 2.924 2.902 +2.22-year TB 3.093 3.052 +4.13-year TB 3.081 3.009 +7.210-year TB 3.184 3.127 +5.72-year MSB 3.077 3.008 +6.93-year CB (AA-) 4.043 3.969 +7.491-day CD 2.730 2.730 0.0Source: Yonhap News Ag…

Ruling party moves toward leadership switch

SEOUL, Aug. 1 (Yonhap) — The ruling People Power Party held a general meeting of party lawmakers Monday and decided to shift to a collective leadership system, a spokesperson said, a move expected to spark strong objections from suspended party Chairm…