Asian stocks sink, yields rise as markets brace for aggressive Fed

That follows a sell-off on Wall Street overnight that knocked 1.13% off the S&P 500, although futures pointed to a slightly higher open on Wednesday. The Fed headlines a week in which more than a dozen central banks announce policy decisions, including the Bank of Japan and Bank of England on Thursday.

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Asian shares rise on boost from Japanese stocks

Asian equities saw gains, boosted by Japanese stocks, while US stock futures remained flat amid economic and geopolitical uncertainties. Short-dated Treasuries rallied, and the dollar