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October 16, 2024

S. Korean Bond Yields on Oct. 16, 2024

1-year TB 2.842 2.849 -0.7

2-year TB 2.907 2.936 -2.9

3-year TB 2.880 2.906 -2.6

10-year TB 3.008 3.050 -4.2

2-year MSB 2.882 2.906 -2.4

3-year CB (AA-) 3.452 3.475 -2.3

91-day CD 3.400 3.400

Seoul shares end 2-day rise on slump in techs, financials

South Korean stocks ended lower Wednesday due to losses in tech shares amid concerns over their earnings. The local currency lost ground against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) lost