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    "headline": "Asian Stocks Decline on Oil Surge and Rising Bond Yields",
    "dek": "Asian markets fell sharply as oil prices surged and bond yields rose amid fears of tighter monetary policy.",
    "prose": "Asian stocks fell sharply on Wednesday, with Japan's Nikkei declining 2.7% and the broader Nikkei slipping 2.2%. [^1]\n\nSouth Korea's KOSPI dropped 3%, with Samsung Electronics and SK Hynix falling over 3%. [^2]\n\nThe U.S. 10-year government bond yield rose to 4.804%, its highest level since January 2025, while Japan's 10-year yield touched 3%. [^3]\n\nU.S. Treasury Secretary Scott Bessent met with Bank of Japan Governor Kazuo Ueda and called for decisive monetary steps to combat the weak yen. [^4]\n\nThe Reserve Bank of New Zealand has increased the Official Cash Rate again. [^5]\n\nLiam Dann, Business Editor at Large for the NZ Herald, shares his personal approach to his own home loan renewal. [^6]\n\nThe article is an edited extract from a longer piece by Liam Dann. [^7]",
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