South Korea's finance minister nominee Lee Hyung-il said at the National Assembly Committee's nomination confirmation hearing that the bond market is an important financing channel for the national economy and requires close attention. He said that as global government bond yields continue to rise, the authorities need to strengthen surveillance of the bond market. If necessary, measures to stabilize the market will be considered to prevent excessive fluctuations.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.