ChainCatcher news, according to Jin Ten reports, members of the South Korean opposition party stated that the entrance to the National Assembly has been blocked as they attempt to overturn the martial law announced by President Yoon Suk-yeol. Opposition leader Lee Jae-myung stated that Yoon Suk-yeol's declaration of martial law is illegal and unconstitutional. He mentioned that military members may attempt to arrest lawmakers.

The South Korean won has fallen about 1% against the US dollar, reaching a two-year low. The USD/JPY has fallen below 149, continuing to hit new lows for October. This news caught the market off guard, triggering buying in bonds and yen. Market participants are wondering whether this is a budget issue or something worse. Following a decline in US Treasury yields, a slight pullback occurred.