Korea Bond Market Daily Report: 12/2/2024
Korea Bond Market Daily Report
Treasury yields
Treasury yields | Recent | DoD (bp) | YTD (bp) | YoY (bp) |
---|---|---|---|---|
3Y KTB | 2.61% | ▼ 3.1 | ▼ 63.3 | ▼ 94.7 |
10Y KTB | 2.75% | ▼ 3.7 | ▼ 55.5 | ▼ 89.0 |
Term Spread(bp) | 14.4 | ▼ 0.6 | ▲ 7.8 | ▲ 5.7 |
Corp. AA- 3Y | 3.19% | ▼ 2.6 | ▼ 78.6 | ▼ 110.3 |
Credit spread(bp) | 58.7 | ▲ 0.5 | ▼ 15.3 | ▼ 15.6 |
US Treasury Yields
US Treasury Yields | Recent | DoD (bp) | YTD (bp) | YoY (bp) |
---|---|---|---|---|
2Y US Treasury | 4.16% | ▼ 2.7 | ▼ 16.7 | ▼ 39.7 |
10Y US Treasury | 4.18% | ▼ 7.2 | ▲ 22.8 | ▼ 4.2 |
Term Spread(bp) | 1.5 | ▼ 4.5 | ▲ 39.5 | ▲ 35.5 |
[Market Trends].
U.S. bond markets closed early during Black Friday, with Treasury yields trending lower across the board.
South Korea's weak retail sales data pushed domestic interest rates lower as the country scaled back its government bond issuance in December.
[Top economic news and events].
Top U.S. News
U.S. Treasury yields fell, with the 10-year and 2-year Treasury rates decreasing to 4.17% and 4.15%, respectively.
Featured News
Weak retail sales in South Korea pushed domestic interest rates lower as the country's government bond issuance will be scaled back this month.
Other News and Events
The impact of Trump's warning of 100% tariffs on the BRICS countries on global financial markets was noted.
[Response Strategy].
The industry expects more volatility in the markets based on upcoming ISM manufacturing and employment data, and strategies are needed to prepare for it.
Disclaimer The information contained in this report has been obtained from sources believed to be reliable, but we do not guarantee its accuracy or completeness. This report is for informational purposes only and is not a solicitation or offer to buy or sell any security or financial instrument. Opinions expressed in this report are subject to change without notice. Investment decisions are the sole responsibility of the investor and you should seek professional advice as needed
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Original Post: https://aicraft.life/korea-bond-market-daily-report-12-2-2024/
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