Asian stocks fell for a fourth straight session on Wednesday as war-driven inflation fears hit bonds, while investors awaited Nvidia earnings.
The global bond sell-off persisted as Fed rate hike bets grew. The 10-year Treasury yield hit 4.687%.
Oil prices slipped slightly, with Brent at $111.07. The Strait of Hormuz remains effectively closed.
Chinese leader Xi Jinping will host Russian President Vladimir Putin.
MSCI's Asia-Pacific index fell 0.7%. Japan's Nikkei dropped 1.6%.
Nvidia earnings are due after market close. Expectations are sky-high.
The U.S. dollar stood near a six-week high.
