Asian Stocks, Bonds to Drop as Fed Hike Bets Mount: Markets Wrap

Asian stocks and bonds were poised to fall after hotter-than-expected US inflation drove losses on Wall Street and fueled bets that the Federal Reserve may hike interest rates more aggressively to tame prices.

Asian stocks and bonds were poised to fall after hotter-than-expected US inflation drove losses on Wall Street and fueled bets that the Federal Reserve may hike interest rates more aggressively to tame prices.