New Overnight Developments Abroad - Daily Update
Double Whammy of Iran War Stalemate and Evidence of Ensuing Higher Inflation
May 12, 2026
Ten-year sovereign debt yields have climbed further so far this Tuesday by a dozen basis points in Great Britain, nine bps in Italy, eight bps in France and Germany, seven bps in Spain, five bps in Switzerland, and four bps in the U.S., Japan and Australia. West Texas Intermediate crude oil is back above the […] More
