Global Market: Nikkei falls as oil surge, global bond selloff rattle markets

Japan’s Nikkei fell 1.23% amid rising global bond yields and oil prices, while Topix declined 1.75%. Inflation concerns, elevated interest rates and expensive AI-linked stocks pressured sentiment. NEXON led losses, while Tokai Carbon gained. Investors remained focused on oil prices, bond yields, monetary policy expectations and ongoing US-Iran developments.