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Asian stocks slip as oil jumps on Iran tensions, bond yields rise
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- Sep 28, 2026, 5:37 AM UTC
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Asian stocks fall as oil surges on US-Iran Strait of Hormuz tensions, pushing bond yields higher ahead of major economic data and Fed rate hike expectations
Investing.com-- Most Asian shares traded lower on Monday as renewed uncertainty over a possible U.S.-Iran truce pushed oil prices higher and rising global bond yields weighed on risk appetite, while chipmakers came under pressure after OpenAI paused training of some advanced artificial intelligence models.
Wall Street begins a data-heavy week under pressure as crude returns above $106, Treasury yields remain elevated and traders price another possible Fed rate increase.📉 Futures face an oil-and-rates problem🌏 Asia retreats as the dollar advances📅 Inflation and jobs take over this week