Japanese Shares Gain Despite Bond Rout
2026-09-25 00:50
By
Jam Kaimo Samonte
1 min. read
The Nikkei 225 Index climbed more than 1% to above 66,000 on Friday, extending gains to a fifth consecutive session even as global bond yields continued to rally on rising inflationary risks and mounting fiscal concerns.
On Thursday, the 10- and 30-year US Treasury yields rose to their highest levels since 2007 and 2004, respectively, while Japan’s 10-year yield climbed to its highest level since 1996.
Meanwhile, oil prices eased on reports that the US and Iran were considering a phased agreement that could reopen the Strait of Hormuz and lift a US blockade on Iranian ports, helping relieve some pressure on equities.
Investors also continued to monitor US-China negotiations that could pave the way for new trade agreements.
Technology and banking stocks led the gains, with Kioxia Holdings rising 1.8%, Advantest gaining 1.3%, Ibiden Co advancing 2.7%, Mitsubishi UFJ up 2%, and Sumitomo Mitsui climbing 2.5%.