{
  "id": 10329667,
  "title": "Stocks cautious in Asia as oil gains, yields rise",
  "url": "https://urgent.news/2026/09/28/stocks-cautious-in-asia-as-oil-gains-yields-rise-10329667",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-28T01:17:27.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/09/28/stocks-cautious-in-asia-as-oil-gains-yields-rise"
  },
  "original_language": "en",
  "account": "Asian stock markets started cautiously on Monday, as oil prices continued to rise amid skepticism about a possible US-Iran truce. The US dollar also gained strength. This week, the economic news cycle is packed with data, from inflation to GDP, manufacturing, and jobs. Despite the strong growth forecasts, central banks have been hiking interest rates. The Bank of Australia is expected to tighten monetary policy in its upcoming meeting. The Federal Reserve is also expected to hike rates, with around 90 basis points of tightening priced through next year. Strong US economic data has boosted expectations for corporate earnings, but rising bond yields have supported equities. Bruce Kasman, JPMorgan's chief economist, noted that the global expansion into AI investment has entered a phase of broad-based strength. Market movements indicate that policy rates will remain high for the foreseeable future. Bonds are expected to fear higher for longer. In Asia, Japan's Nikkei gained 0.8%, while South Korean stocks fell 0.6%. MSCI's Asia-Pacific index outside Japan declined 0.2%. On the European front, EUROSTOXX 50 futures rose 0.4%, DAX gained 0.3%, and FTSE added 0.2%. On Wall Street, S&P 500 futures slipped 0.2%, while Nasdaq stayed flat. 30-year Treasury yields rose to 5.5185%, nearing their highest since 2004, up 27 basis points this month. Two-year yields increased by 55 basis points in anticipation of Fed hikes. Rate strategist Mark Cabana at Bank of America expects further selling pressure on bonds as markets price in higher Fed Funds rates, warning that the repricing may not stop until financial conditions become sufficiently restrictive. The spike in yields raises borrowing costs globally while tech firms invest heavily in AI expansion. With a strong US data calendar, September's key payrolls report is forecast to show an increase of 85,000 jobs, with the unemployment rate expected to stay at 4.1%, possibly dipping to 4.0%.",
  "summary": "Oil prices rise again on doubts the US and Iran will reach a truce soon, keeping bonds under pressure ahead of a busy week of economic news.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "CNA - Business",
        "title": "Stocks cautious in Asia as oil gains, yields rise",
        "url": "https://urgent.news/2026/09/28/stocks-cautious-in-asia-as-oil-gains-yields-rise",
        "published": "2026-09-28T00:53:03.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Stocks cautious in Asia as oil gains, yields rise",
        "url": "https://urgent.news/2026/09/28/stocks-cautious-in-asia-as-oil-gains-yields-rise-10332944",
        "published": "2026-09-28T01:17:27.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Stocks cautious in Asia as oil gains, yields rise",
        "url": "https://urgent.news/2026/09/28/stocks-cautious-in-asia-as-oil-gains-yields-rise-10331634",
        "published": "2026-09-28T01:20:00.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Stocks slip in Asia as oil climbs, bonds retreat",
        "url": "https://urgent.news/2026/09/28/stocks-slip-in-asia-as-oil-climbs-bonds-retreat-10352367",
        "published": "2026-09-28T03:12:18.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Stocks slip in Asia as oil climbs, bonds retreat",
        "url": "https://urgent.news/2026/09/28/stocks-slip-in-asia-as-oil-climbs-bonds-retreat-10352973",
        "published": "2026-09-28T03:12:32.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}