Global markets entered the final quarter on a subdued note, with investors focused on government bond yields that remained near multi-year highs. A slower-than-expected rise in US inflation in August, combined with a downward revision to July's reading, reduced some expectations for a Federal Reserve rate hike this month, but US Treasury yields still reached fresh overnight peaks and held close to them in Asian trading. Stalled US-Iran peace talks to end the seven-month war in the Middle East have added to concerns about the global inflation outlook. The euro zone faced renewed price pressure as inflation accelerated faster than expected in some of its largest economies. Asian equities received little support from Micron Technology's strong earnings, while Hong Kong and China markets were closed for a holiday. Micron forecast quarterly revenue above estimates and said customer commitments under long-term supply agreements had risen to $32 billion, pointing to continued demand for AI memory chips. In Japan, the quarterly Bank of Japan (BOJ, Japan's central bank) Tankan survey showed business confidence reached an eight-year high in the July-September period, alongside elevated inflation expectations. A summary of opinions from the BOJ's September meeting, when policymakers raised borrowing costs to a 31-year high, showed that some officials favored faster tightening or bringing rates closer to the central bank's desired level sooner. Markets were also set to assess UK nationwide house prices for September, manufacturing purchasing managers' indexes from France and Germany, and the euro zone unemployment rate for August.