Stocks struggle as oil surge sets stage for hawkish Fed

Asian stocks struggled for headway on Wednesday while 10-year US 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. Brent crude futures eased from 10-month highs overnight but at $US94.26 ($A146.03) a barrel are up 30 […]