South Korea’s KOSPI slipped on Tuesday for a fourth straight session, closing at
its weakest level since Sept. 3 as rising government bond yields and oil prices
eroded dip-buying. Markets have grown more sensitive to downside risks ahead of
a Federal Reserve policy meeting later this week that could lift rates. Finance
minister nominee Lee Hyoung-il told a parliamentary hearing authorities will
closely monitor the bond market and, if necessary, deploy measures to stabilize
it.
