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Market Impact: 0.48
Asian Stocks, Bonds to Slide on Inflation Jitters: Markets Wrap
Source: Bloomberg
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Asian stocks and bonds were set to fall Thursday following Wall Street declines, as an oil rally and stronger-than-expected US economic data revived inflation concerns. Markets increased bets on further interest-rate hikes, pressuring risk assets and fixed income. The yen, near a three-week low, is a key focus as Japanese markets reopen.
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