{
  "id": 4987366,
  "title": "Asian markets tumble as US-Iran fighting lifts oil and bond yields",
  "url": "https://urgent.news/2026/09/02/asian-markets-tumble-as-us-iran-fighting-lifts-oil-and-bond-yields-4987366",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T01:09:43.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/09/02/asian-markets-tumble-as-us-iran-fighting-lifts-oil-and-bond-yields"
  },
  "original_language": "en",
  "account": "Asian markets experienced a sharp decline at the beginning of the trading day on Wednesday due to increased tensions between the United States and Iran, which led to higher oil prices and a surge in bond yields. The MSCI's Asia-Pacific index, excluding Japan, fell by 0.8%, while South Korea's KOSPI dropped 3% and Japan's Nikkei 225 declined by 2.2%. S&P 500 e-mini futures remained unchanged, while Brent crude futures continued their upward trend, rising by 0.7% to $95.34 a barrel following the US airstrikes on Iran on Tuesday. In response to the situation, Westpac analysts reported a selloff in stocks across major markets and a rout in global bond markets. The US 10-year Treasury bond yield increased by 0.4 basis points to 4.798%, and the US dollar index held near its highest level in two weeks at 99.67. On Wall Street, the S&P 500 fell by 0.7% and the Nasdaq Composite dropped by 1%. The latest data from the Institute for Supply Management indicated that US manufacturing activity slowed in August, although it remained in expansionary territory. Traders anticipate that the Federal Reserve will likely raise interest rates during its upcoming meeting, though an increase is not guaranteed. Fed funds futures indicate a 67% probability of a 25-basis-point rate hike during the Federal Reserve's two-day meeting on September 16, compared to a 39.6% chance a week ago. Gold prices remained steady at $4,328.59 an ounce, while Bitcoin decreased by 0.2% to $77,246.57, and Ether fell by 0.3% to $2,412.60.",
  "summary": "Brent crude futures extend gains into a second day, rising to US$95.34 a barrel after the US launched airstrikes on Iran.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 9,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Gold collapses as US-Iran strikes send Oil, US yields higher",
        "url": "https://urgent.news/2026/09/01/gold-collapses-as-us-iran-strikes-send-oil-us-yields-higher",
        "published": "2026-09-01T19:30:49.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Asian markets tumble as US-Iran fighting lifts oil and bond yields",
        "url": "https://urgent.news/2026/09/02/asian-markets-tumble-as-us-iran-fighting-lifts-oil-and-bond-yields",
        "published": "2026-09-02T00:46:41.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Asian markets tumble as US-Iran fighting lifts oil and bond yields",
        "url": "https://urgent.news/2026/09/02/asian-markets-tumble-as-us-iran-fighting-lifts-oil-and-bond-yields-4982099",
        "published": "2026-09-02T01:09:43.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Asian markets tumble as US-Iran fighting lifts oil and bond yields",
        "url": "https://urgent.news/2026/09/02/asian-markets-tumble-as-us-iran-fighting-lifts-oil-and-bond-yields-4985774",
        "published": "2026-09-02T01:18:47.000Z"
      },
      {
        "outlet": "Straits Times Business",
        "title": "Asian markets tumble as US-Iran fighting lifts oil and bond yields",
        "url": "https://urgent.news/2026/09/02/asian-markets-tumble-as-us-iran-fighting-lifts-oil-and-bond-yields-4998568",
        "published": "2026-09-02T02:35:00.000Z"
      },
      {
        "outlet": "The Jakarta Post",
        "title": "Asian markets tumble as US-Iran fighting lifts oil and bond yields",
        "url": "https://urgent.news/2026/09/02/asian-markets-tumble-as-us-iran-fighting-lifts-oil-and-bond-yields-5002482",
        "published": "2026-09-02T02:53:54.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Asian markets tumble as US-Iran fighting lifts oil and bond yields",
        "url": "https://urgent.news/2026/09/02/asian-markets-tumble-as-us-iran-fighting-lifts-oil-and-bond-yields-5004135",
        "published": "2026-09-02T03:03:12.000Z"
      },
      {
        "outlet": "The Mainichi",
        "title": "Tokyo stocks tumble in morning on high bond yields, US-Iran conflict",
        "url": "https://urgent.news/2026/09/02/tokyo-stocks-tumble-in-morning-on-high-bond-yields-us-iran-conflict",
        "published": "2026-09-02T03:40:04.000Z"
      }
    ]
  },
  "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."
}