{
  "id": 9685168,
  "title": "Asian stocks weather bond storm, oil retreats slightly",
  "url": "https://urgent.news/2026/09/25/asian-stocks-weather-bond-storm-oil-retreats-slightly-9685168",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-25T03:07:23.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/capital-markets-currencies/asian-stocks-weather-bond-storm-oil-retreats-slightly"
  },
  "original_language": "en",
  "account": "On Friday, Asian stocks managed to withstand the impact of a significant bond sell-off, which caused longer-term US yields to hit two-decade highs. This surge in borrowing costs worldwide raised concerns about the lofty equity valuations. Oil prices briefly returned above US$100 a barrel, with Brent crude nearing US$105, reigniting worries about inflation. These factors prompted market participants to expect multiple Federal Reserve rate hikes after the first in over three years. Despite this, the broader MSCI Asia-Pacific index outside Japan remained flat, with most markets, including China, Taiwan, and South Korea, closed for a holiday. Japan's Nikkei increased by 1%, while Australia's resources-heavy shares declined by 0.6%. Hong Kong's Hang Seng index fell by 1%. Financial experts have warned that the dramatic sell-off in global bonds could prove costly if investors ignore the rising rates. The benchmark 10-year Treasury yield surged 1 basis point to 5.1915%, marking the biggest two-day gain since April 2022. This surge has pushed US mortgage rates to 7%, potentially hindering the housing market. Meanwhile, Asia's bonds continued the global sell-off, with Japan's 10-year government bond yields climbing 4 basis points to 3.115%, the highest since 1996, and Australia's 10-year government bond yields rising 4 basis points to 5.408%. The US 2-year yields remained steady at 4.9035%, having jumped 16 basis points this week. The Federal Reserve's commitment to rate hikes has had a ripple effect across global markets, with smaller central banks adopting a more hawkish stance and the US dollar strengthening. In the commodities market, Brent crude prices eased 0.8% to US$105.75 a barrel, after a 3% overnight surge due to a Houthi missile attack on Saudi Arabia, raising fears of supply disruptions.",
  "summary": "[SYDNEY] Asian shares held their nerve on Friday (Sep 25) as a relentless bond selloff pushed longer dated US yields to two-decade...",
  "key_points": [
    "Asian stocks weather bond sell-off, US yields hit two-decade highs",
    "Oil prices briefly above $100 a barrel, reigniting inflation concerns",
    "MSCI Asia-Pacific index flat, Japan's Nikkei up 1%"
  ],
  "editors_take": "The surge in global bond yields and resulting expectations of multiple Federal Reserve rate hikes have put pressure on equity valuations, but Asian stocks have shown resilience despite concerns about inflation.",
  "illustration": "https://urgent.news/ill/9685168.png",
  "coverage": {
    "outlets": 5,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Asian stocks weather bond storm, oil retreats slightly",
        "url": "https://urgent.news/2026/09/25/asian-stocks-weather-bond-storm-oil-retreats-slightly-9684580",
        "published": "2026-09-25T02:24:27.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Asian stocks weather bond storm",
        "url": "https://urgent.news/2026/09/25/asian-stocks-weather-bond-storm",
        "published": "2026-09-25T02:41:19.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "Asian stocks weather bond storm, oil retreats slightly",
        "url": "https://urgent.news/2026/09/25/asian-stocks-weather-bond-storm-oil-retreats-slightly-9688094",
        "published": "2026-09-25T03:02:45.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "Asian stocks weather bond storm, oil retreats slightly",
        "url": "https://urgent.news/2026/09/25/asian-stocks-weather-bond-storm-oil-retreats-slightly",
        "published": "2026-09-25T03:05:29.000Z"
      }
    ]
  },
  "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."
}