Government Bond Yields Rise... 10-Year Bond at 1.862% Annual Interest Rate

[Asia Economy Reporter Dongwoo Lee] On the 17th, government bond yields rose across the board due to the increase in U.S. Treasury yields.

In the Seoul bond market that day, the 3-year government bond yield closed at an annual rate of 0.986%, up 0.2bp (1bp=0.01 percentage point) from the previous trading day.

The 10-year yield rose 1.2bp to 1.862% annually. The 5-year and 1-year yields increased by 0.7bp and 0.1bp respectively, closing at 1.344% and 0.669% annually.

On the previous day (local time), the U.S. 10-year Treasury yield surpassed 1.3%, reaching its highest level since March last year, causing yields to surge sharply across the board that morning.

The 3-year yield traded at 0.991%, and the 5-year at 1.355%. The 10-year yield jumped 3.4bp to 1.884%, approaching 1.9%.

In the afternoon, the increase narrowed, and the 10-year yield closed below 1.871%, the level recorded on the 15th.

The 20-year yield rose 0.7bp to 1.993% annually. The 30-year and 50-year yields each increased by 1.2bp, recording 2.006% annually.

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