Yields Becoming a Bigger Headwind, Strategy Debt Repurchase Clouds Near-Term STRC Tailwind, HYPE Regulatory Risk Worth Paying For
May 15, 2026
Rising Sovereign Yields Finally Weighing on Risk Assets: Broader risk assets struggled today as the global sovereign debt selloff continued to intensify. U.S. 10-year yields pushed toward ~4.6%, the highest level since last May, while the 30-year moved well above 5%. Importantly, this is not just a U.S. story. Japanese, UK, and broader European sovereign debt markets continue to look increasingly unstable as persistent fiscal deficits and inflation concerns pressure long-duration bonds globally. While a decli...