Short-Term Yields Decline While Ultra-Long Bonds Hit Record Highs... Mixed Trend for Government Bond Yields
Yields on government bonds showed a mixed trend.
On July 21 in the Seoul bond market, the yield on 3-year government bonds closed at 3.867% per annum, down 2.8 basis points (1bp=0.01 percentage point) from the previous trading day.
The yield on 10-year bonds fell by 0.8 basis points to 4.328% per annum. Yields on 5-year and 2-year bonds dropped by 3.4 basis points and 3.7 basis points to 4.120% and 3.692% per annum, respectively.
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The yield on 20-year bonds rose by 2.9 basis points to 4.541% per annum. The yields on 30-year and 50-year bonds climbed by 4.4 basis points and 4.0 basis points to close at 4.564% and 4.456% per annum, respectively.
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