Korean government bond yields rose across maturities on Aug. 18, with Yonhap reporting record highs for the 30- and 50-year tenors. The three-year yield was reported at 3.847%. The move matters beyond bond traders because government yields feed into financing conditions across the economy, although the day's reports do not by themselves establish how long the increase will persist.
Korean government bond yields rise as 30- and 50-year maturities hit record highs
Long-dated Korean Treasury yields reached record levels, while the three-year yield finished at 3.847%, according to Yonhap.