GLOBAL MARKETS-Stocks struggle as oil surge sets stage for hawkish Fed

Asian stocks struggled for headway on Wednesday while 10-year U.S. Treasury yields stood at 16-year highs as surging oil prices drive inflation and set the scene for the Federal Reserve to project interest rates staying higher for longer…
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Nasdaq – https://www.nasdaq.com/articles/global-markets-stocks-struggle-as-oil-surge-sets-stage-for-hawkish-fed

Exit mobile version