Japan’s Nikkei 225 falls 0.60% to 65,481.27; Topix down 1.72%
Nikkei 225 lost 0.60% to 65,481.27 for a second straight session, while Topix slipped 1.72% to 4,041.13.
(Updates with closing prices) By Rocky Swift TOKYO, Sept 29 (Reuters) — Japan's Nikkei share gauge fell for a second straight session on Tuesday as a global surge in bond yields and rising oil prices weighed on sentiment. 27. 13. The selloff followed overnight declines in US equity markets, as rising oil prices and Treasury yields stoked inflation worries and concerns that monetary policy would stay tight.
Pressure is also building in Japan, with the nation's government bond yields hovering near multi-decade highs. US President Donald Trump said he has offered Iran nothing to end a seven-month war that has roiled energy markets. "It seems fair to say that these concerns about inflation, and the resulting rise in interest rates, are weighing on the stock market," said Wataru Akiyama, an equities strategist at Nomura Securities. " On the Nikkei, 36 advancers faced 188 decliners.
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