Government Bond Yields Rise Across the Board... 3-Year Bond at 3.315% Annual Interest Rate
[Asia Economy Reporter Ryu Tae-min] As the likelihood of interest rate hikes in the United States and South Korea increases, government bond yields closed higher across the board on the 8th.
On that day in the Seoul bond market, the 3-year government bond yield closed at an annual rate of 3.315%, up 5.3bp (1bp=0.01 percentage points) from the previous trading day.
The 10-year bond closed at an annual rate of 3.360%, up 0.053 percentage points from the previous trading day. The 5-year and 2-year bonds rose by 4.8bp and 4.1bp respectively, closing at annual rates of 3.345% and 3.325%.
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The 20-year bond recorded 3.280%, up 0.045 percentage points from the previous trading day. The 30-year and 50-year bonds rose by 0.055 percentage points and 0.052 percentage points respectively, closing at annual rates of 3.177% and 3.146%.
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