National Treasury Bond Yields Decline... 1- and 3-Year Bonds Set New All-Time Low Records Again

[Asia Economy Reporter Park Jihwan] On the 7th, government bond yields in the bond market collectively declined. A decrease in yields indicates a rise in bond prices.

In particular, the yields on 1-year and 3-year bonds continued to hit record lows following the previous day.

In the Seoul bond market on this day, the 3-year maturity government bond yield closed at 0.946% per annum, down 1.4 basis points (1bp = 0.01 percentage points) from the previous trading day. The 1-year bond yield fell 1.1bp to 0.834% per annum.

The decline was greater for longer-term bonds. The 10-year bond yield dropped 2.8bp to 1.480% per annum, and the 5-year bond yield fell 1.5bp to close at 1.209% per annum.

The 20-year bond yield decreased by 3.4bp to 1.598% per annum, while the 30-year bond yield declined 4.2bp to 1.620% per annum.

This content was produced with the assistance of AI translation services.