SINGAPORE — Shares in Asia-Pacific fell in Friday morning trade, tracking losses seen overnight on Wall Street after the release of a hotter-than-expected U.S. consumer inflation report pushed the 10-year Treasury yield past 2%.

Stocks of mainland Chinese fell in the early trading hours as the Shanghai compositeThe decline was 0.52%, while Shenzhen componentLoss of 0.902% Hong Kong Hang Seng indexThe exchange rate was 0.62% higher.

South Korea KospiThe decrease was 0.78% while the S&P/ASX 200 in Australia declined 0.77%.

The MSCI’s largest index of Asia-Pacific shares, outside Japan, traded 0.9% less.

Japan’s markets are closed Fridays to observe a holiday.

After the Friday bond auction, investors monitored U.S. yields and analyzed their movements on Friday. U.S. consumer price index for January showed a hotter-than-expected 7.5% year-over-year rise — its largest gain since 1982. It was also more than Dow Jones’s 7.2% estimate of the closely-watched inflation gauge.

Last year, the benchmark U.S. 10-year Treasury yield was at 2.0329%. It crossed 2% on Thursday after it had been at 1.51%. The prices and yields are inverted.

The major indexes on Wall Street tumbled overnight, with the Dow Jones Industrial Average dropping 526.47 points to 35,241.59 while the S&P 500 shed 1.81% to 4,504.08. Tech-focused Nasdaq Composite fell 2.1% to 14,185.64

It U.S. dollar indexAfter dropping to levels near 96, the indices of greenback and peers were at 95.866, before rebounding from below 95.4.

It Japanese yenThe dollar traded at 116.06 dollars, which is lower than the levels of 115.8 yesterday. The Australian dollarAfter falling to 0.72%, it was $0.7141.

Petroleum prices fell in the early hours of Asia trade, with an international benchmark Brent crude futuresThe barrel price dropped by 0.48% to $90.97 U.S. crude futuresTo save 0.29%, drop to $89.62/barrel