Japanese Shares Slip as Bond Yields Surge
Japan’s Nikkei 225 Index fell 0.4% to below 69,000 on Tuesday as global bond yields rose, while the benchmark 10-year government bond yield climbed to around 2.95%, its highest level in three decades.
4% to below 69,000 on Tuesday, giving back some of the previous session’s gains as global bond yields surged amid persistent concerns over inflation and rising government spending. 95%, its highest level in three decades, as mounting fiscal concerns and growing expectations of an imminent Bank of Japan interest rate hike weighed on sentiment. 4%). In corporate news, Nvidia agreed to invest as much as $105 billion to support SB Energy, a SoftBank Group subsidiary developing a major data center project in Ohio for OpenAI.