Anonymousabout 2 hours ago
A global bond selloff intensified in mid-May 2026 as oil prices driven by the Strait of Hormuz crisis pushed U.S. CPI to 3.8%, its highest since 2023. Treasury yields surged past 4.5%, Japan's 30-year JGB hit 4% for the first time in history, and UK gilts touched 28-year highs — raising questions about whether bond markets are correctly pricing an oil-driven supply shock or overshooting into a self-fulfilling crisis that threatens overleveraged sovereigns and emerging-market borrowers.