Treasuries saw substantial weakness during trading on Tuesday, extending the sharp pullback seen over the course of the previous session.After an early move to the downside, bond prices moved steadily lower for much of the rest of the day. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, spiked 11.9 basis points to 4.802 percent.The ten-year yield added to...
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Market Analysis
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.