{
  "id": 5002482,
  "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",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-02T02:53:54.000Z",
  "source": {
    "name": "The Jakarta Post",
    "slug": "the-jakarta-post",
    "url": "https://www.thejakartapost.com/business/2026/09/02/asian-markets-tumble-as-us-iran-fighting-lifts-oil-and-bond-yields.html"
  },
  "original_language": "en",
  "account": "Asian markets experienced a significant decline on Wednesday following renewed US airstrikes on Iran, which led to a surge in oil prices and a sell-off in global bond markets. The MSCI Asia-Pacific index excluding Japan fell by 1.5%, while South Korea's KOSPI dropped more than 3% and Japan's Nikkei 225 declined by 2.6%. The S&P 500 e-mini futures dipped by 0.1%. Brent crude futures continued to rise, gaining 1.3% to $95.91 a barrel after the US attacks earlier pushed oil prices to a five-week high. The prospect of further disruptions to the Strait of Hormuz has raised concerns about inflation, prompting a sell-off in stocks and bonds worldwide. US 10-year Treasury bond yields surged to 4.8122%, the highest in nearly three years, while Japan's 5-year government bond yield reached an all-time high of 2.295%. The sell-off in global bond markets has caused anxiety across asset classes, with Westpac analysts predicting a volatile month ahead. The Reserve Bank of New Zealand raised interest rates by 25 basis points to 2.75%, as expected by markets, but dovish language in the central bank's statement affected the kiwi dollar, which fell 0.6% to $0.5855. The US dollar index rose 0.1% to 99.79, its highest since August 17. On Wall Street, the S&P 500 slipped 0.7%, and the Nasdaq Composite fell 1% as higher government bond yields weighed on equities. While manufacturing activity moderated in the US in August, it remained in expansionary territory. Fed funds futures suggest a 67% chance of a 25-basis-point rate increase at the Federal Reserve's next meeting in two weeks. Gold prices dropped 0.8% to $4,295.70 an ounce, while bitcoin declined 0.6% to $76,979.55, and ether fell 0.9% to $2,397.78.",
  "summary": "Stocks slumped in Asian trading on Wednesday as a bond market-induced selloff on global markets spilled over into the region, after renewed attacks by the United States on Iran pushed oil prices higher.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 8,
    "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": "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."
}