South Korean Bond Market Sees Notable Yield Increases.

Seoul: South Korean bond yields experienced notable increases across several maturities on December 4, 2024. The changes in the bond market were observed in both treasury bonds and monetary stabilization bonds, indicating shifts in investor sentiment or economic conditions.According to Yonhap News Agency, the 1-year treasury bond yield rose slightly to 2.758% from the previous session's 2.754%, marking an increase of 0.4 basis points. The 2-year treasury bond yield saw a more significant rise, climbing 3.5 basis points to reach 2.684% from 2.649%. The 3-year treasury bond yield also increased by 4.1 basis points, reaching 2.626% from 2.585%.The 10-year treasury bond yield experienced the largest increase among treasuries, climbing 5.2 basis points to 2.765% from the previous session's 2.713%. Similarly, the 2-year monetary stabilization bond yield increased by 4.2 basis points, reaching 2.700% from 2.658%.In the corporate bond sector, the 3-year corporate bond (rated AA-) yield increased by 4.1 basis po ints, moving from 3.169% to 3.210%. Meanwhile, the 91-day certificate of deposit rate remained unchanged at 3.280%.