Inflation surge and yield spike revive 2007 market warning

MSN
2026.05.30 16:21
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April PCE inflation hit a three-year high of 3.8% due to Iran conflict-driven oil disruptions, while the 30-year Treasury yield surged to 5.18%, matching 2007 levels and raising stock valuation concerns. Market reactions varied: Snowflake and Dollar Tree rallied on earnings beats, whereas Photronics slumped and Gap fell despite improved margins.