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BSCN·2026-05-12 16:12
10-YEAR TREASURY YIELDS TAG 5% AS IRAN ENERGY SHOCK REIGNITES INFLATIONInvestors dumped U.S. government debt Tuesday morning, sending the 10-year Treasury yield toward the 5% milestone for the first time this cycle. Higher energy prices from the Iran conflict are feeding directly into cost-of-living expectations.The move puts the 10Y up roughly 50 basis points from the 4.50% level that triggered Trump's "Too Late is a disaster" post just one week ago. The bond market is now pricing in a 2026 inflation regim ...