Nikkei declines amid rising oil and bond yields

The Japanese Nikkei index declined sharply by 1.23%, reaching 65,070.58 points, amid ongoing pressures from rising oil prices and U.S. Treasury bond yields, raising concerns of potential inflation and a negative impact on investor sentiment. While the stocks of 26 companies experienced losses, others saw gains, such as Tokai Carbon, which rose by 3.29%. This decline reflects increasing global market anxiety over monetary policies and inflation, driven by rising energy prices and bond yields.

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