Government Bond Yields Mixed Amid US Tariff Announcement... 3-Year Bond at 2.573%

On the 31st, the first trading day after the Lunar New Year holiday, government bond yields showed mixed movements within a stable range.

On that day in the Seoul bond market, the 3-year government bond yield closed at 2.573% per annum, up 0.3 basis points (1bp = 0.01 percentage points) from the previous trading day.

The 10-year yield remained steady at 2.859% per annum. The 5-year and 2-year yields fell by 0.3bp and 1.1bp, closing at 2.701% and 2.644% per annum, respectively. The 20-year yield declined by 0.8bp to 2.790% per annum. The 30-year and 50-year yields rose by 0.7bp and 0.5bp, recording 2.743% and 2.635% per annum, respectively.

Government bond yields showed a downward trend in the morning but closed mixed as attention focused on U.S. President Donald Trump's reaffirmation of his previous stance to impose a 25% tariff on Mexico and Canada starting from the 1st of next month (local time).

According to Yonhap Infomax, as of 5:14 p.m., the 10-year U.S. Treasury yield was trading at 4.5440%, up 2.50bp in the Asian market.

Meanwhile, foreign investors net purchased 4,790 contracts of 3-year government bond futures and 5,223 contracts of 10-year government bond futures on the day.

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