Here’s why the Nikkei 225 Index is slumping as Japan 30-year bond yield jump
The Nikkei 225 Index fell sharply on Wednesday, hitting its lowest level since August 10 as Japanese government bond yields surged and technology stocks came under pressure. Investors are also weighing growing expectations for a Bank of Japan rate hike and renewed concerns about US-Iran tensions. The index fell to around 65,684 in early trading,
