Tokyo Stock Market Slides on BoJ Rate‑Hike Jitters: What Nikkei’s 950‑Point Drop Means for 2026
The Nikkei 225 plunged 950.63 points, or 1.89%, to 49,303.28 on Monday, nearly wiping out last week’s gains. The TOPIX lost 1.19% as investors reacted to Bank of Japan Governor Kazuo Ueda’s hawkish comments and rising bond yields. Japanese factory and capital spending data disappointed, intensifying the sell-off. The 10-year JGB yield hit 1.875%, its highest since 2008.