Asian stocks sag with dollar as hawkish Fed spurs recession fears

Asian stocks sag with dollar as hawkish Fed spurs recession fears

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TOKYO, Dec 15 (Reuters) - Asian stocks sagged on Thursday, tracking declines on Wall Street, after the U.S. Federal Reserve projected higher interest rates for a longer period. U.S. Treasury yields remained depressed and the curve deeply inverted as traders continued to fret that tighter policy…

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