Seoul: South Korean bond yields experienced an upward movement on the morning of November 6, 2024, with increases recorded across various tenures. The yield on the 1-year Treasury Bond (TB) edged up to 2.863%, marking a slight increase of 0.5 basis points from the previous session's 2.858%. According to Yonhap News Agency, the 2-year Treasury Bond yield saw a more significant rise, reaching 2.959%, which represents a 2.0 basis point climb from the earlier 2.939%. Similarly, the 3-year Treasury Bond yield increased to 2.947%, up by 2.9 basis points from its previous level of 2.918%. The 10-year Treasury Bond yield also registered an increase, moving to 3.100%, which is a rise of 2.7 basis points from the previous session's 3.073%. Meanwhile, the 2-year Monetary Stabilization Bond (MSB) yield increased to 2.965%, up by 2.5 basis points from 2.940%. Furthermore, the 3-year Corporate Bond (CB) with an AA- rating climbed to 3.518%, reflecting a 2.7 basis point increase from the previous 3.491%. This movement i n bond yields indicates shifts in the bond market as of the stated date.
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