Treasuries initially came under pressure following yesterday's substantial rebound but staged a significant recovery attempt over the course of the trading day on Thursday.Bond prices climbed well off their worst levels and briefly turned positive in late-day trading before closing modestly lower.Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, inched up b...
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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.