The yield on South Korea 10Y Bond Yield eased to 4.26% on July 31, 2026, marking a 0.06 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.10 points and is 1.42 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity.

Historically, the South Korea 10-Year Government Bond Yield reached an all time high of 7.91 in April of 2001. South Korea 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on July 31 of 2026.

The South Korea 10-Year Government Bond Yield is expected to trade at 4.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 4.17 in 12 months time.



Bonds Yield Day Month Year Date
South Korea 10Y 4.26 -0.060% 0.098% 1.417% Jul/31
South Korea 52W 3.52 0.007% -0.013% 1.190% Jul/30
South Korea 20Y 4.46 -0.053% 0.098% 1.604% Jul/31
South Korea 2Y 3.65 -0.061% -0.077% 1.225% Jul/31
South Korea 30Y 4.50 -0.040% 0.055% 1.740% Jul/31
South Korea 3Y 3.75 -0.073% -0.034% 1.277% Jul/31
South Korea 5Y 4.01 -0.070% -0.028% 1.379% Jul/31



Related Last Previous Unit Reference
South Korea Inflation Rate 3.20 3.10 percent Jun 2026
South Korea Interest Rate 2.75 2.50 percent Jul 2026
South Korea Unemployment Rate 2.70 2.80 percent Jun 2026

South Korea 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
4.26 4.32 7.91 1.17 2000 - 2026 percent Daily

News Stream
South Korea 10Y Yield Holds Near 3-Year High
South Korea’s 10-year government bond yield traded around 4.33% in mid-July, hovering near its highest level in over three years, after the Bank of Korea raised its base rate to 2.75% as expected. The move marked the first rate hike since January 2023 and what markets viewed as the start of a new tightening cycle. The decision followed months of increasingly hawkish signals from the central bank, with Governor Shin Hyun Song consistently arguing since chairing his first policy meeting in May that persistent inflation, resilient growth, exchange rate pressures, and financial stability risks all supported tighter monetary policy. The BoK said an AI-driven semiconductor boom is likely to lift economic growth well above its May forecast of 2.6%, while inflation is expected to remain above the 2% target for an extended period. Policymakers then signaled that further policy tightening remains possible, with the timing and pace of additional rate hikes to depend on incoming economic data.
2026-07-16
South Korea 10Y Yield Hits 3-Year High
South Korea’s 10-year government bond yield climbed above 4.40% in mid-July, reaching its highest level since October 2022, as investors increasingly priced in a 25 bps rate hike by the Bank of Korea. The move would mark the central bank’s first increase in more than three years, with most economists expecting another hike by year-end that would bring the policy rate to 3%. Expectations for tighter policy have been reinforced by persistent inflation and resilient economic growth. Consumer prices rose 3.2% in June, the fastest pace in two and a half years, remaining above the BOK’s 2% target. Meanwhile, GDP expanded 1.8% quarter-on-quarter in Q1, the strongest quarterly growth in five years, supported by robust semiconductor exports and resilient domestic demand. Rising house prices, elevated household debt, and a weaker won have further strengthened the case for higher rates by adding to inflation risks and imported cost pressures.
2026-07-15
South Korea 10Y Yield Climbs to Highest Since 2023
South Korea’s 10-year government bond yield climbed to around 4.33% in early June, its highest since November 2023, as strong AI investment and surging semiconductor demand fuel faster growth and stickier inflation, reinforcing expectations of Bank of Korea tightening. Swaps markets are pricing in at least three rate hikes this year, lifting the policy rate toward 3.25% from 2.5%. At the same time, South Korea’s annual inflation rate accelerated to 3.1% in May, the highest reading since March 2024, while core inflation held at 2.5%. This, coupled with a weaker won, has added to concerns over persistent price pressures and imported inflation risks. Meanwhile, fiscal spending uncertainty and the prospect of additional bond issuance are also putting upward pressure on yields, even as authorities have moved to reduce supply and step up market monitoring to curb volatility.
2026-06-08