<Korean>National Treasury Bond Yields: Short-Term Bonds Fall, Long-Term Bonds Rise... Mixed Trends Influenced by US Market</Korean>

by Seo Miteum

Published 23 Apr.2024 17:44(KST)

3-Year Treasury Bond Yield at 3.489% Annual
Down 2.3bp from Previous Trading Day
20-Year Bond Yield at 3.554% Annual
Up 1.0bp

On the 23rd, government bond yields showed a mixed trend with short-term yields falling and long-term yields rising. This is interpreted as being influenced by the mixed trend in the U.S. bond market on the 22nd (local time).

<Korean>National Treasury Bond Yields: Short-Term Bonds Fall, Long-Term Bonds Rise... Mixed Trends Influenced by US Market</Korean> 원본보기 아이콘

On that day in the Seoul bond market, the 3-year government bond yield closed at 3.489% per annum, down 2.3bp (1bp=0.01 percentage points) from the previous trading day. The 10-year yield also fell by 2.5bp to 3.625% per annum. The 5-year and 2-year yields dropped by 2.9bp and 2.6bp respectively, closing at 3.556% and 3.502% per annum.


On the other hand, long-term yields rose slightly. The 20-year yield increased by 1.0bp to 3.554% per annum. The 30-year and 50-year yields rose by 1.5bp and 1.2bp respectively, recording 3.448% and 3.417% per annum.


According to SangSangIn Securities, the U.S. Treasury 2-year and 10-year yields were 4.971% and 4.609% respectively, down 1.5bp and 1.2bp from the previous day. The long-term 30-year yield rose by 0.2bp to 4.713%.

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