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Asian Stocks Set for Declines as Oil Extends Gains: Markets Wrap

Key Points

Asian stocks were set to decline Wednesday as surging oil prices pushed bond yields higher and stoked fears that resurgent inflation will force central banks to tighten monetary policy.

Asian stocks were set to decline Wednesday as surging oil prices pushed bond yields higher and stoked fears that resurgent inflation will force central banks to tighten monetary policy.
Asian (ORG)
Originally published by Bloomberg Markets Read original →