Global market sentiment in May 2026 has drastically shifted due to a spike in inflation, triggering panic in the bond market and threatening the stability of the stock market. The slogan "it's all about oil now" reflects the reality that energy prices are now the key driver of monetary policy and the sustainability of the market rally. [1]
Current Market Conditions (May 2026)
Turbulent Bond Market: Government bond yields have surged to their highest levels in decades. In the US, the 30-year Treasury yield has exceeded 5.1% (the highest since 2007), while in the UK, similar tenor yields have reached record highs not seen since 1998.