SEOUL — South Korean bond yields experienced minor increases on June 25, 2024, as reported by financial market data.
According to Yonhap News Agency, The one-year Treasury bond (TB) yield rose slightly by 0.3 basis points to 3.346%, while the two-year TB yield saw a minor uptick of 0.2 basis points, settling at 3.260%. The three-year TB yield increased by 0.7 basis points to 3.201%. Longer-term, the 10-year TB yield also rose by 0.7 basis points to 3.271%.
In the corporate bond sector, the three-year corporate bond (AA-) increased by 0.6 basis points to 3.662%. However, the 91-day certificate of deposit (CD) rate remained unchanged at 3.600%. These adjustments reflect subtle movements in the South Korean bond market, suggesting cautious investor sentiment.