South Korean Bond Yields Show Mixed Performance

Seoul: South Korean bond yields displayed mixed performance on January 17, 2025, with short-term and medium-term treasury bonds showing declines, while the 10-year treasury bond yield experienced a slight increase. The one-year treasury bond yield decreased by 1.3 basis points to 2.618% from the previous session's 2.631%. Similarly, the two-year treasury bond yield fell by 2.7 basis points, closing at 2.651% compared to 2.678% in the last session. The three-year treasury bond recorded a decline of 3.8 basis points, settling at 2.588% from the previous 2.626%.

According to Yonhap News Agency, the 10-year treasury bond yield rose by 1.1 basis points to 2.813%, up from 2.802% in the previous session, marking a deviation from the downward trend observed in the shorter-term bonds. In addition, the two-year monetary stabilization bond yield decreased by 2.9 basis points, reaching 2.596% down from 2.625%. Meanwhile, the three-year corporate bond yield (rated AA-) also dropped by 3.5 basis points to 3.241%, compared to 3.276% previously.

The 91-day certificate of deposit yield remained unchanged at 2.990%, showing stability amidst the shifts in other bond yields. The mixed movement in bond yields highlights varying investor sentiment and market dynamics affecting different bond tenures.