Asian shares gained on Friday as beaten-down Treasuries found buyers after U.S. President Donald Trump's tax bill narrowly passed the lower house, although debt worries still dominated.

Asian shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street. Oil prices fell more than $1 a barrel. China moved to reverse some of its “non-tariff” measures against the U.

Asian shares have followed Wall Street lower after shares slumped under pressure from the bond market due to worries over U.S. debt