Japan's Nikkei dips as US yield spike sends Asian markets lower

Tech stocks tumble while COVID emergency extension deals Tokyo market added blow

20210304 tokyo stock

People walk past an electronic board showing the Nikkei stock index outside a brokerage in Tokyo. Rising U.S. bond yields are weighing on Asian stocks. (Photo by Kei Higuchi)

JADA NAGUMO, Nikkei staff writer

TOKYO - Japan's equity benchmark fell 2% on Thursday as investors continued to fret over rising U.S. Treasury yields, while other Asian stock markets also retreated.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.