Japan and South Korea tech stocks swoon and bond yields soar
Markets
10-year JGB at multidecade high; WTI over $103 per barrel
The sudden stock market sell-off comes on the back of soaring bond yields globally. (File photo by Tomoki Mera)
JADA NAGUMO and AKANE OKUTSU
TOKYO — Japanese and South Korean stocks fell sharply on Friday, led by a tech sell-off, as investors repriced their risks in the face of rising oil prices and higher bond yields stemming from the ongoing Iran war.
