Seoul: South Korean bond yields witnessed a decline across various tenors on the morning of December 3, 2024. The yields on government and corporate bonds showed a downward trend compared to the previous session. According to Yonhap News Agency, the 1-year Treasury Bond yield fell to 2.742% from 2.754%, marking a decrease of 1.2 basis points. The 2-year Treasury Bond saw a decline, registering a yield of 2.611%, down by 2.8 basis points from the previous session's 2.639%. Similarly, the 3-year Treasury Bond yield decreased to 2.548% from 2.567%, a reduction of 1.9 basis points. The 10-year Treasury Bond yield also experienced a drop, settling at 2.670%, which is 2.7 basis points lower than its previous level of 2.697%. In the corporate bond sector, the 2-year Monetary Stabilization Bond yield decreased to 2.634% from 2.652%, showing a decline of 1.8 basis points. Additionally, the 3-year Corporate Bond (AA-) yield fell to 3.140% from the previous 3.156%, a decrease of 1.6 basis points. These shifts in b ond yields come amid ongoing economic assessments and are being closely monitored by investors and policymakers for potential impacts on the financial market.