The UK 2-year government bond yield fell to its lowest point since July 20, at 4.745%, down about 4 basis points on the day.

Spanish Economy Minister: I hope the EU can agree on new fiscal rules before the end of the year.

U.S. Treasury Secretary Yellen: U.S. President Biden’s administration will work with the bipartisan majority in Congress to ensure continued support for Ukraine.

U.S. Treasury Secretary Yellen: The conflict between Russia and Ukraine poses a major hindrance to the global economy.

U.S. Treasury Secretary Yellen: Although economic growth has slowed in some countries, we have not seen widespread signs of spillover from global economic instability.

U.S. Treasury Secretary Yellen: The global economy is in better shape than expected and we are paying close attention to downside risks.

U.S. Treasury Secretary Yellen: The United States supports the EU’s imposition of a windfall profits tax on frozen Russian assets.

According to Lebanese national news agency NNA: Artillery shells from Israel bombarded southern Lebanese towns.

The Dutch government states: It advises against traveling to Lebanon.

Bank of Korea Governor Lee Chang-yong: At the International Monetary Fund meeting, (interest rates) "maintaining high levels for a long time" was the theme.

U.S. Treasury bonds rose on safe-haven demand; the 10-year Treasury yield fell 9 basis points to 4.56%.

Bank of Korea Governor Lee Chang-yong: Chip prices are expected to bottom out.

Bank of Korea Governor Lee Chang-yong: Inflation is expected to fall to the bottom of the 3% range by the end of the year.

Bank of Korea Governor Lee Chang-yong: The main policy focus remains inflation.

Bank of Korea Governor Lee Chang-yong: Inflation in South Korea is slowing faster than in other regions.

World Bank President Pang Anjie: The Sovereign Debt Roundtable has promoted progress in debt restructuring.

Market News: Missiles launched from Lebanon towards Israel.