HONG KONG, June 14 (Reuters) - Asian shares tumbled on Tuesday after Wall Street hit a confirmed bear market milestone and bond yields struck a two-decade high on fears aggressive U.S. interest rate hikes would push the world's largest economy into recession.

WASHINGTON, June 13 (Reuters) - Eroding inflation data and fast-changing views in financial markets on Monday has opened the door to a larger-than-expected three-quarter-percentage point interest rate increase when Federal Reserve officials meet this week.

MELBOURNE, June 14 (Reuters) - Oil prices seesawed in positive and negative territory on Tuesday, holding up despite recession fears and potential new COVID-19 curbs in China that could dampen demand as the market remains tightly supplied.

TOKYO, June 13 (Reuters) - Asian stocks sank on Monday and bond yields ticked higher, as red-hot U.S. inflation reignited worries about even more aggressive Federal Reserve policy tightening, and a COVID-19 warning from Beijing added to concerns about global growth.

SINGAPORE, June 13 (Reuters) - Oil prices slipped more than $2 on Monday as a flare-up in COVID-19 cases in Beijing quelled hopes for a rapid pick-up in China's fuel demand, while worries about global inflation and economic growth further depressed the market.

HONG KONG, June 13 (Reuters) - The yen fell to a fresh 20-year low against the dollar on Monday, as red hot U.S. inflation data drove up Treasury yields, diminishing the earlier boost from speculation Japanese authorities could intervene to support the currency.