Market Updates
Japan's Bond Yields Traded Near 18-Year High, Stocks Lacked Direction
Akira Ito
09 Dec, 2025
Mumbai
Risk-off mood dominated trading in Tokyo on Tuesday, and bond yields hit a new 18-year high.
The Nikkei 225 Stock Average decreased 0.02%, and the broader Topix eased 0.1% as investors speculated about the Bank of Japan's next move.
Market sentiment was depressed amid a growing realization that the U.S. Federal Reserve may deliver a 25 basis-point rate cut but signal fewer rate cuts in 2026.
The so-called "hawkish cut" could inject additional market volatility amid elevated macroeconomic uncertainties and unresolved trade issues with the U.S. and rising political tensions with China.
Market sentiment has been under pressure after political tensions rose between China and Japan, and Japan said China's military planes targeted Japan's jets for fire training.
Investors turned defensive after a 7.6-magnitude earthquake struck Japan's northeast coast overnight.
Japan Indexes and Stocks
The Nikkei 225 Stock Average edged down 0.02% to 50,568.48, and the broader Topix fell 0.1% to 3,382.24. The yield on 10-year Japanese government bonds inched higher to 1.958%, a new 18-year high.
Defense-related stocks, AI-linked semiconductor equipment makers, and financial services providers dominated in trading in Tokyo.
IHI Corp. added 0.1% to ¥3,053.0, Fujikura Ltd. increased 0.3% to ¥18,500.0, and Nintendo Co. Ltd. fell 3.5% to ¥11,895.0.
Tokyo Electron added 1.1% to ¥33,540.0, Advantest Corp. added 0.03% to ¥20,255.0, and Disco Corp. jumped 4.6% to ¥49,670.0.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|