Asian Stocks to Fall as Iran Flare-Up Boosts Oil: Markets Wrap

Live updates

1. 14d ago

   Asian Stocks Set to Fall as Iran Tensions Boost Oil Prices

   Asian stocks are poised to decline as rising oil prices, fueled by tensions in Iran, stoke inflation fears and trigger a global bond selloff. The yield on Japan's 10-year bond has reached 3%, its highest in 30 years. US stock futures have slipped, and investors are on edge due to the surge in bond yields and debt concerns.

   Why it matters

   The recent escalation in tensions in Iran has led to an increase in oil prices, which has in turn fueled inflation fears and triggered a global bond selloff. This has resulted in a rise in bond yields, with Japan's 10-year bond yield reaching 3%, its highest in 30 years. The increased borrowing costs are a concern for heavily indebted nations and companies.

   What is confirmed

   • Japan's 10-year bond yield has reached 3%, its highest in 30 years.
   • The global bond selloff has resulted in yields reaching their highest level since 2008.
   • Rising oil prices are stoking inflation fears and triggering a global bond selloff.
   • US stock futures have slipped amid the bond selloff.

   What to watch next

   • Further developments in Iran and their impact on oil prices
   • The US Federal Reserve's response to the rising inflation
   • The effect of rising bond yields on global debt
   Sources used for this update (16)

   1. Bloomberg.com — Asian Stocks to Fall as Iran Flare-Up Boosts Oil: Markets Wrap
   2. Reuters — Bond selloff deepens as rising energy prices stoke inflation fears
   3. Mortgage News Daily — Month-End Trading Taking a Toll
   4. WSJ — Asia, U.S. Bond Yields Rise as Oil Prices Stoke Inflation Fears
   5. Nikkei Asia — Japan 10-year bond yield hits 3%, highest in 30 years
   6. Reuters — Morning Bid: The dog days are over
   7. The Guardian — Bond sell-off intensifies around the world as oil prices rise above $91 a barrel, stoking inflation fears – business live
   8. Bloomberg.com — Global Bond Yields Surge as Inflation Fears Rise
   9. Bloomberg.com — Global Bond Selloff Sends Yields to the Highest Level Since 2008
   10. CNBC — Global bond yields soar to multi-decade highs as Middle East turmoil reignites inflation fears
   11. WSJ — U.S. Stock Futures Slip Amid Bond Selloff
   12. Reuters — Analysts react to global bond selloff
   confidence 90%