Tokyo: Japanese stock indexes closed lower on Monday, ending a four-day winning streak, affected by a strong yen and rising long-term bond yields. The downturn was a significant shift from the recent bullish trend in the market.

According to Qatar News Agency, the Nikkei, the 225-stock index, closed down 950.63 points, or 1.89 percent, compared with last Friday's level of 49,303.28 points. This decline marked a notable setback for investors who had been enjoying a consistent rise in stock values.

The broader TOPIX index also ended trading down 40.11 points, or 1.19 percent, at 3,338.33 points. The simultaneous drop in both major indices highlighted the widespread impact of external economic factors on the Japanese market.

The yield on Japan's benchmark 10-year government bonds reached 1.875 percent, its highest level since June 2008. This surge in bond yields followed an announcement from the central bank regarding its plans to study the pros and cons of a rate hike at its meeting scheduled later this month. Market participants are closely monitoring these developments, as they could signal shifts in monetary policy that might further influence stock market dynamics.