Asian markets fall as Fed rate hike signals lift yields

PSX Update • Oct 8, 2026

Asian markets traded lower on Thursday, weighed down by losses on Wall Street as elevated U.S. Treasury yields continued to pressure risk appetite following signals from the Federal Reserve that another interest rate hike could be warranted this year

October 08, 2026 (MLN): Asian markets traded lower on Thursday, weighed down by losses on Wall Street as elevated U.S. Treasury yields continued to pressure risk appetite following signals from the Federal Reserve that another interest rate hike could be warranted this year. Japan’s Nikkei 225 fell 1.12%, while the broader Topix declined 0.8%. South Korea’s Kospi dropped 2.04%, with the Kosdaq down 0.9%. Australia’s...