Japanese Shares Fall as High Yields, Middle East Tensions Weigh
2026-08-24 00:52
By
Judith Sib-at
1 min. read
The Nikkei 225 Index fell 0.2% to below 65,900 on Monday, extending losses from the previous session as traders remained cautious amid elevated global bond yields and persistent tensions in the Middle East.
Global yields remained near multi-year highs as the US Treasury’s surprise bond buyback announcement last week failed to ease concerns over inflation and rising government debt.
Geopolitical risks also remained in focus, with the US expected to announce new sanctions on Iran later in the day, although Iranian leaders said the measures would fail to weaken Tehran.
Investors are also awaiting Nvidia’s earnings report this week for clues about whether the recent AI-driven rally in equities can be sustained.
Chip and AI-linked stocks led the losses, including Kioxia Holdings (-0.6%), Advantest (-1.1%), Fujikura (-3.1%), SoftBank Group (-1.4%), and Furukawa Electric (-1.7%).
Financial and consumer stocks also traded lower, with Mitsubishi UFJ falling 0.3% and Toyota Motor losing 0.6%.