South Korea Policymakers Ramp Up Warnings Amid Bond Sell-off
South Korean policymakers are intensifying verbal interventions to stabilize domestic financial markets, vowing to curb short-term Treasury bond issuance and deploy market support measures if necessary amid an accelerating global bond sell-off.
South Korean policymakers are stepping up verbal intervention to steady domestic financial markets as a global bond selloff gathers pace, and they said they would curb short-term Treasury bond issuance if needed. Finance minister Lee Hyoung-il said on Friday the governme…