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Asian equities declined Thursday, pressured by a surge in oil prices and bond yields that retreated from recent record highs.
Treasury remained near a multi-decade high after minutes from the Federal Reserve's most recent meeting indicated that most officials expect another interest rate hike this year.
Major Asian indices closed lower, with Japan's Nikkei 225 falling 0.9% to 69,438.77 and South Korea's Kospi losing 0.8% to 6,750.25.
Hong Kong's Hang Seng index declined 0.2% to 24,072.98, while the Shanghai Composite edged down 0.1% to 3,840.03. Australia's S&P/ASX 200 slipped 0.6% to 8,677.20, and Taiwan's Taiex dropped 0.7%.
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