Asian shares slip as worries about U.S. debt send Wall St tumbling

News Snapshot:

TOKYO (AP) — Asian shares fell Thursday after Wall Street slumped under pressure from the Treasury bond market and worries about surging U.S. debt. U.S. futures were little changed, while Japan's benchmark Nikkei 225 shed 0.8% to 36,988.36. Hong Kong’s Hang Seng lost 0.5% to 23,711.58, while the Shanghai Composite was virtually unchanged, inching up less than 0.1% to 3,387.58. Australia's S&P/ASX 200 slipped 0.5% to 8,348.10. South Korea's Kospi dropped 1.3% to 2,591.95. Rising yields for U.S. Treasury bonds are a canary in the coal mine, Stephen Innes of SPI Asset Management said in a commentary. “The U.S. still...