Breaking
World leaders gather for emergency summit on climate crisis • Tech giants announce major breakthrough in fusion energy • Stocks reach all-time high as global trade recovers • Global News 24 launches premium news experience • Stay updated with real-time headlines •
BACK TO NEWS
Businessabout 2 hours ago

Asia markets poised for mixed open amid spike in Treasury yields, Iran tensions

CNBC
CNBC

Verified Publisher

Asia markets poised for mixed open amid spike in Treasury yields, Iran tensions

Asia-Pacific markets were poised to open mixed on Wednesday as investors weighed elevated bond yields and renewed geopolitical tensions.

Asia-Pacific markets were poised to open mixed Wednesday as investors weighed elevated bond yields and renewed geopolitical tensions after U.S. President Donald Trump said he was "an hour away" from deciding whether to attack Iran on Tuesday before he was convinced to postpone the strike for a few days.

Yields on U.S. Treasurys advanced as investors continued to dump bonds on fears inflation is reigniting. The longer-dated 30-year Treasury bond yield was last trading almost 1 basis point lower at 5.174%. It briefly hit 5.197% during the session, marking its highest level since July 2007.

Japan's Nikkei 225 was poised to climb, with the Chicago futures contract at 60,835 and the Osaka counterpart last trading at 60,570 compared with the index's previous close of 60,550.59.

However, Hong Kong's Hang Seng index futures were at 25,603, lower than the index's last close of 25,797.85.

In Australia, futures last traded at 8,600, slightly lower than the S&P/ASX 200's last close of 8,604.7.

U.S. stock futures ticked slightly higher. S&P 500 futures added 0.14%, while Nasdaq 100 futures added 0.25%. Futures tied to the Dow Jones Industrial Average rose 55 points, or 0.11%.

Overnight on Wall Street, stocks closed lower with the S&P 500 posting its third straight losing session, as a jump in bond yields threatened the bull market.

The S&P 500 closed down 0.67%, ending at 7,353.61, while the Nasdaq Composite finished 0.84% lower at 25,870.71. The Dow Jones Industrial Average shed 322.24 points, or 0.65%, to close at 49,363.88.

— CNBC's Sean Conlon, Sarah Min and Lisa Kailai Han contributed to this report Got a confidential news tip? We want to hear from you.

Sign up for free newsletters and get more CNBC delivered to your inbox Get this delivered to your inbox, and more info about our products and services.

© 2026 Versant Media, LLC.

Data is a real-time snapshot *Data is delayed at least 15 minutes.

Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

Read original story at CNBC

Continue reading this article on the publisher's website.

Visit Website

More from CNBC