Asian stocks fell across the region as Big Tech's borrowing spree to buy AI chips added to strain in already stretched government bond markets.

Asian stocks fell across the region as Big Tech's borrowing spree to buy AI chips added to strain in already stretched government bond markets.

Japan's Nikkei fell 1.1%, South Korea's Kospi 2.1% and India's Sensex 1.44%, while MSCI's index of Asia-Pacific shares outside Japan lost 1.2%.

The same sentiment continues in the elsewhere in the world too. Reports that Broadcom is seeking $50B in financing, and that SpaceX plans $30B in investment-grade debt plus $10B in loans to buy Nvidia chips, deepened fears that corporate debt is competing with governments for limited funding.

Global markets are experiencing a heavy sell-off as a dramatic surge in oil prices, relentless bond market pressure, and aggressive central bank shifts rattle investor sentiment across all time zones on this Thursday, 8 October 2026.The US 10-year Treasury yield hit a 24-year high of 5.326% before easing, and Brent climbed back above $102.