StocksMediumUpdatedOriginally published 10 September 2026Updated 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 establish a regional retreat, although the inspected reports do not show that technology led losses in every market.

Contrary to the original copy, US equity futures 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.