---
title: "Asian stocks extend global rout; bonds hammered as war drags on"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/280719996.md"
description: "Asian stock markets fell sharply, influenced by a global downturn as concerns over escalating conflict in the Middle East and rising energy costs weighed on investor sentiment. The MSCI Asia-Pacific index dropped 1.4%, with significant losses in South Korea and Japan. Global bond yields surged amid inflation fears, with Norway's central bank signaling potential rate hikes. The U.S. dollar strengthened as a safe haven, while the Australian dollar hit a two-month low. Analysts warn that prolonged conflict could hinder global growth and increase recession risks, particularly for Asia due to reliance on imported fuel."
datetime: "2026-03-27T03:01:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/280719996.md)
  - [en](https://longbridge.com/en/news/280719996.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/280719996.md)
---

# Asian stocks extend global rout; bonds hammered as war drags on

By Stella Qiu SYDNEY, March 27 (Reuters) - Asian stock markets were swept up in a global rout on Friday, tracking Wall Street lower as the threat of a protracted energy shock out of the war-torn Middle East sent borrowing costs spiralling higher. Investors took a modicum of comfort from U.S. President Donald Trump's decision to extend his ultimatum to strike Iranian power plants by 10 days,

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