Treasury yields, Nikkei 225, Kospi
A bird’s-eye view of central Tokyo, including Tokyo Tower, at sunrise time.
Vladimir Zakharov | An | Getty Images
Asia-Pacific markets fell on Wednesday as investors weighed rising bond yields and renewed geopolitical tensions after US President Donald Trump said on Tuesday he was “an hour away” from deciding to attack Iran.
Yields on U.S. Treasury bonds rose as investors continued to sell bonds out of fear that inflation would reignite. The yield on the longer-term 30-year Treasury note was last down almost 1 basis point at 5.174%. It briefly reached 5.197% during the session, reaching its highest level since July 2007.
of japan Nikkei 225 It lost 0.88% while Topix fell 0.75%. South Korea’s Kospi index fell 0.52%, while the small-cap Kosdaq fell 2.15%.
in Australia, S&P/ASX 200 It lost 0.5%.
of hong kong Hang Seng index Futures traded at 25,603, below the index’s last close of 25,797.85.
US stock futures rose slightly. S&P 500 futures gained 0.14% and Nasdaq 100 futures gained 0.25%. Futures tied to the Dow Jones Industrial Average rose 55 points, or 0.11%.
Stocks ended the night lower on Wall Street and the S&P 500 suffered its third consecutive session of losses as a rise in bond yields threatened the bull market.
S&P 500 index closed at 7,353.61 points with a loss of 0.67%, and Nasdaq Composite closed at 25,870.71 points with a decrease of 0.84%. The Dow Jones Industrial Average fell 322.24 points, or 0.65%, to close at 49,363.88.
— CNBC’s Sean Conlon, Sarah Min and Lisa Kailai Han contributed to this report
