SEOUL: South Korean bond yields saw a decline across various tenors on November 7, 2024. The yields on government treasuries and other financial instruments experienced decreases ranging from 0.9 to 3.8 basis points. According to Yonhap News Agency, the 1-year Treasury Bond yield decreased by 0.9 basis points, recording a change from 2.867% in the previous session to 2.858% today. The 2-year Treasury Bond yield fell by 2.9 basis points, from 2.980% to 2.951%. The 3-year Treasury Bond observed a more significant drop of 3.8 basis points, moving from 2.960% to 2.922%. The 10-year Treasury Bond yield also experienced a decline, decreasing by 3.6 basis points from the previous session's 3.134% to 3.098%. Additionally, the 2-year Monetary Stabilization Bond yield saw a reduction of 3.1 basis points, shifting from 2.982% to 2.951%. Corporate bonds were not exempt from the trend, as the 3-year Corporate Bond (AA-) yield decreased by 3.7 basis points, from 3.529% to 3.492%. The 91-day Certificate of Deposit yield also slightly declined by 1.0 basis point, moving from 3.440% to 3.430%.