Japan’s Nikkei rises as AI catch-up rally offsets yield worries

The Nikkei stock benchmark gained after a three-day holiday as Tokyo’s market caught up with a global AI-led rally. Climbing bond yields and a rise in oil prices weighed on broader risk appetite, however.The Nikkei 225 rose 1.8% to 66,167.25 as of 10:09 a.m. in Tokyo, while the broader Topix rose 0…