Business · Markets · 15 hrs ago

South Korean government bond yields rise across all maturities

South Korean government bond yields rise across all maturities

South Korean government bond yields rose across all maturities in morning trading in Seoul on Nov.

9.

A bond yield is the return investors receive relative to a bond’s price.

The three-year yield reached 3.652%, up 3.9 basis points from the previous trading day.

Yields on bonds maturing in two to 50 years also increased, while the 10-year yield reached 3.887%.

The increases ranged from 1.5 basis points for 50-year bonds to 4.5 basis points for two-year bonds.

The rise affected government borrowing costs across time frames, but no reason for the increase was given.

No further market outlook or next step was reported.

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