May 15, 2026 9:30 AM
Asian shares fall as US yields hit one-year high
Asian shares came under pressure on Friday as investor euphoria over tech stocks gave way to inflation fears that saw Treasury yields spike to one-year highs and rising bets on a U.S. rate hike this year. Oil prices kept climbing amid the lack of progress to open the Strait of Hormuz, and as U.S. President Donald Trump said China wanted to buy U.S. oil. Attacks on one ship and the seizure of another stoked concerns about energy supplies, with Brent crude futures up 5.7% this week to $107 a barr...