Financial & Forex Market Recap – May 12, 2026
Hotter-than-expected U.S. inflation data drove Treasury yields sharply higher and sent equities lower on Tuesday, while crude oil surged on deepening concerns over the U.S.-Iran conflict.
Hotter-than-expected U.S. inflation data drove Treasury yields sharply higher and sent equities lower on Tuesday, while crude oil surged on deepening concerns over the U.S.-Iran conflict.
