The Nikkei 225 Index fell 0.3% to around 50,450, while the broader Topix Index slipped 0.1% to 3,380 on Tuesday, reversing the prior session’s gains and tracking overnight losses on Wall Street amid concerns that the US Federal Reserve could deliver a “hawkish cut.” Rising global bond yields also weighed on sentiment, with the benchmark 10-year US yield nearing three-month highs and Japan’s 10-year yield hitting fresh 18-year highs. Notable decliners included SoftBank Group (-0.5%), Fujikura (-2.6%), Jioxia Holdings (-2.6%), Advantest (-0.3%) and Nintendo (-2%). Investors also awaited remarks from Bank of Japan Governor Kazuo Ueda at an event in London later today for signals on the policy outlook. Separately, a magnitude-7.6 earthquake struck Japan’s northeast coast earlier in the day.