The Hong Kong stock market has fallen over 350 points in two days, closing just above 18,475 points. Concerns over treasury yields and interest rates are driving global markets down. On Wednesday, the Hang Seng Index dropped 1.83%, with financials, properties, and tech stocks taking a hit. Wall Street also saw losses, with the Dow falling 1.06%. Treasury yields are rising, sparking worries about interest rates and inflation. Crude oil prices also dropped due to concerns about interest rates affecting energy demand, with West Texas Intermediate Crude oil futures closing at $79.23 a barrel.

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