MORNING BID ASIA - Japanese Consumers, Aussie CPI in Focus

MORNING BID ASIA -  May 29 (Reuters) -  Japanese consumer confidence and Australian inflation are the main points of focus for markets in Asia on Wednesday, as investors ponder the broader implications of a widespread rise in bond yields.

U.S. Treasury yields, the benchmark for global borrowing costs, rose to four-week highs on Tuesday in the wake of a weak U.S. debt auction, leading to a mixed performance on Wall Street.