TOKYO, Oct 8 (Reuters) - Japan's Nikkei share average
retreated on Tuesday, weighed down by Wall Street's weak finish
overnight and rising U.S. yields on reduced bets of another
large rate cut following Friday's strong jobs report.
The Nikkei was down 0.8% at 39,016.79, as of 0008
GMT, after closing 1.8% higher on Monday. The broader Topix
was down 0.98% to 2,712.59.
Wall Street's three major indexes closed down around 1% on
Monday while Treasury yields rose, as traders tamped down bets
for Federal Reserve interest-rate easing and worried about the
Middle East conflict's impact on oil prices.
U.S. Treasury yields climbed, with the yield on the
benchmark 10-year note rising to its highest since Aug. 1.
Technology start-up investor SoftBank Group fell
2.12% to drag the Nikkei the most. Uniqlo brand owner Fast
Retailing ( FRCOF ) slipped 0.63%.
All but four of the Tokyo Stock Exchange's 33 industry
sub-indexes fell, with the brokerage sector declining
1.87% to become the worst performer.
(Reporting by Junko Fujita; Editing by Subhranshu Sahu)