Nikkei, Kospi Sink Over 2% as Bond Yields Surge Ahead of BOJ Decision

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Nikkei, Kospi Sink Over 2% as Bond Yields Surge Ahead of BOJ Decision

The post Nikkei, Kospi Sink Over 2% as Bond Yields Surge Ahead of BOJ Decision appeared first on Coinpedia Fintech News

Japanese and South Korean stocks fell sharply Thursday, with the Nikkei 225 down as much as 2.9% and the Kospi off 2.4%, as surging bond yields and rising oil prices triggered a broad risk-off move across Asia. The Nikkei has now posted losses for three straight sessions, with more than ¥35 trillion, roughly $225 billion, …