Triple Blow Hits Japan’s Markets: Stocks, Bonds & Yen Dive
Fears of a ‘Sell Japan’ wave send stocks, bonds and the yen tumbling under PM Takaichi, wiping $127B off Tokyo stocks and pushing bond yields to 17-year highs.
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Fears of a ‘Sell Japan’ wave send stocks, bonds and the yen tumbling under PM Takaichi, wiping $127B off Tokyo stocks and pushing bond yields to 17-year highs.
Japan’s Nikkei 225 Index plunged over 8% on Monday, triggering a trading halt. The index dropped below 33,000 points for the first time since January, marking its worst loss since 1987.