[Asia Economy Reporter Jang Hyowon] Treasury bond yields rose across the board.
On the 3rd, in the Seoul bond market, the 3-year Treasury bond yield closed at an annual rate of 1.900%, up 5.5bp (1bp=0.01 percentage points) from the previous trading day.
The 3-year yield rose back to the 1.9% range after 6 trading days since the 25th of last month (annual 1.933%).
The 10-year yield increased by 3.6bp to an annual rate of 2.234%. The 5-year and 2-year yields rose by 4.1bp and 6.2bp, closing at annual rates of 2.027% and 1.770%, respectively.
The 20-year yield rose 4.6bp to an annual rate of 2.249%. The 30-year and 50-year yields increased by 4.9bp and 5.0bp, recording annual rates of 2.225% and 2.224%, respectively.
The 3-year yield, which closed at 1.863% on the 26th of last month, rose 3.7bp over the week. During the same period, the 10-year yield fell by 2.1bp.
In the case of short-term bonds, a trend reversing the decline caused by last month's base rate hike appeared. On the other hand, long-term bond yields were interpreted as being pressured downward due to concerns over economic recovery slowdown following the emergence of the COVID-19 Omicron variant and a preference for safe assets.
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