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Asian shares decline under pressure from rising bond yields and surging oil prices

HONG KONG (AP) — Asian shares fell and oil prices surged Thursday after stocks on Wall Street retreated from their latest records. U. S. equity futures were mixed. Stocks once again have retreated under pressure from rising yields in the bond market. The yield on the 10-Year U. S. Treasury stayed near a multi-decade high after minutes released Wednesday from the U. S. Federal Reserve’s most recent meeting showed that most Fed officials expect another interest rate hike this year. Japan’s...

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