EL7.AI
StocksMediumUpdated×2•Originally published 10 September 2026•Updated 10 September 2026•
2 min read

Asian Stocks Fall as Brent Holds Above $100 and Bond Yields Rise

Key Facts

1The MSCI Asia Pacific Index fell 0.4%, while Brent reached $101.94 during the session.
2Brent rose 3.4% on Wednesday and crossed $100 for the first time since July.
3The 10-year US Treasury yield reached 4.85%, its highest level since late 2023.
4Producer-price data are scheduled for September 10 and consumer-price data for September 11, both at 8:30 a.m. Eastern Time.

Asian stocks fell on Thursday, September 10, as Brent crude held above $100 a barrel and US Treasury yields rose. The MSCI Asia Pacific Index declined 0.4%, while Brent reached $101.94 during the session before paring gains.

Losses extended across most major regional markets. Japan's Nikkei 225 fell 0.8% to 64,597.46, South Korea's Kospi declined 0.9% to 6,989.06, Hong Kong's Hang Seng dropped 1.4% to 24,932.95, and the Shanghai Composite lost 0.3% to 3,939.43.

Australia's S&P/ASX 200 fell 1.5% to 8,774.50, while Taiwan's Taiex declined 0.8%. The moves point to a regional retreat.

US equity futures, however, were not broadly lower. AP described them as modestly higher, while Business Times said S&P 500 futures were little changed at 10 a.m. Tokyo time.

Brent rose 3.4% on Wednesday and crossed $100 for the first time since July before trading near $101 early Thursday. Persistently high energy prices can pass through to fuel, freight and goods costs, explaining why equities are sensitive to the inflation outlook.

The 10-year US Treasury yield reached 4.85% during the US session, its highest level since late 2023. Attention now turns to the August Producer Price Index on September 10 at 8:30 a.m. Eastern Time and the August Consumer Price Index on September 11 at the same time, as the results could reshape rate expectations and pressure stocks and bonds.