The economy added 172,000 jobs in May, well above forecasts, while unemployment remained at 4.3%. Markets now assign nearly a 70% probability to a December Fed rate hike, although rates are expected to stay unchanged in June.

Japan's 10-year government bond yield rose to around 2.7%, a one-week high, tracking higher US yields. Strong US data and higher oil prices linked to Middle East developments added to inflation concerns, while expectations for future BOJ tightening remained in place. Solid first-quarter GDP growth and a healthy current account surplus also highlighted economic resilience.

The US 10-year Treasury yield climbed to 4.57%, its highest level in two weeks, as stronger labor-market data reinforced expectations for tighter policy later this year.

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