Nikkei Falls 2.3% as 10-Year JGB Yield Hits Decade High

WSJ Logo

Nikkei Falls 2.3% as 10-Year JGB Yield Hits Decade High

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by
our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact
Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

https://www.wsj.com/finance/stocks/australian-stocks-set-for-further-falls-726bd6de

Updated Oct. 4, 2023 3:03 am ET

0626 GMT — Japanese stocks ended broadly lower, hit by growing concerns about higher borrowing costs, as the 10-year Japanese government bond yield reached a new decade high. Sumitomo Realty & Development dropped 6.4%, Nissan Motor lost 6.3% and Panasonic Holdings shed 5.8%. The Nikkei Stock Average fell 2.3% to 30526.88. The 10-year Japanese government bond yield rose 4.5 basis points to 0.805%, the highest level since August 2013. Economic data and Treasury yields are in focus, along with the U.S. government spending debate. USD/JPY was at 149.22, compared with 149.02 as of Tuesday 5 p.m. ET. (kosaku.narioka@wsj.com; @kosakunarioka)

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved

This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by
our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact
Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : The Wall Street Journal – https://www.wsj.com/articles/australian-stocks-set-for-further-falls-726bd6de

Exit mobile version