US Mutual Tariffs Trigger Nationwide Rise in Treasury Bond Yields... 3-Year Note at 2.434%
South Korea's government bond yields continue to rise amid uncertainties from the US-imposed tariff war.
On the 9th, in the Seoul bond market, the 3-year government bond yield closed at 2.434% per annum, up 0.021 percentage points from the previous day.
The 10-year yield increased by 0.046 percentage points to 2.732% per annum. The 5-year and 2-year yields closed at 2.540% and 2.481% per annum, rising 0.032 and 0.01 percentage points respectively.
The 20-year yield rose 0.041 percentage points to 2.652% per annum compared to the previous day. The 30-year and 50-year yields recorded 2.554% and 2.423% per annum, up 0.043 and 0.041 percentage points respectively.
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As the US imposed a total tariff of 104% on China starting that day, concerns over the tariff war intensified, dampening investor sentiment in the bond market. Government bond prices and yields move inversely.
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