South Korea Denies Report It Weighed Large-Scale Purchase of Long-Term US Treasuries

The denial matters less than the disclosure gap it exposes: reserve composition is confidential, so markets cannot independently verify or dismiss the original report. For a holder of one of the world's larger FX reserves, any hint of tilting toward long-dated US debt carries signalling weight for Treasury demand and for won-sensitive flows, which is why a single press account moved the conversation at all. The open question is whether the ministry's blanket confidentiality stance closes the matter or simply leaves the underlying claim untested.