Seoul: South Korean bond yields experienced a decline across several tenors on December 5, 2024, with notable decreases observed in government bonds of varying durations. According to Yonhap News Agency, the 1-year Treasury Bond yield fell from the previous session's 2.758% to 2.739%, marking a decrease of 1.9 basis points. Similarly, the 2-year Treasury Bond yield saw a reduction of 2.7 basis points, dropping to 2.657% from 2.684%. The 3-year Treasury Bond yield decreased by 2.3 basis points, reaching 2.603% from the prior 2.626%. The 10-year Treasury Bond yield also faced a decline, registering a 2.7 basis point decrease to 2.738% from 2.765%. Meanwhile, the 2-year Monetary Stabilization Bond yield decreased by 2.4 basis points to 2.676% from 2.700%. Corporate bonds were not immune to the trend, with the 3-year Corporate Bond (rated AA-) yield falling by 1.6 basis points to 3.194% from 3.210%. In contrast, the 91-day Certificate of Deposit yield remained unchanged at 3.280%, showing stability amidst the downward trend in other bond categories.