30-year Treasury yield hit 5.198% — a 19-year high — sending equities to a third straight loss as markets reprice US fiscal credibility. Trump confirmed one hour from Iran strike; Gulf allies intervened as IEA warns emergency reserves nearly exhausted. Fed Governor Waller flagged rate-hike risk; April FOMC minutes (4-way dissent, most since 1992) release Wednesday 2 PM ET. SNDK +3.77% on 60% EPS beat and 233% data-center surge; NVDA Wednesday AMC.
Archive | May 19, 2026
MIB Daily: Bond Market Now Pricing US Fiscal Credibility, Not the Fed — 30Y 5.198%, Oil $111, NVDA Wednesday
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MIB: Yields Won Monday at 4.62% — $66.8B Utility AI Bet, $112 Brent; Rotate Into Energy and Financials, Exit REITs and Long-Tech
NextEra acquires Dominion Energy in a $66.8B deal to lock in AI data center power demand across Northern Virginia (D +9.4%, NEE -4.6%). The 10-year held a 52-week high at 4.623%, driving a 45% probability of a December rate hike with 2026 cuts fully priced out. Trump postponed the Iran strike; Brent surged +2.68% to $112 as Hormuz supply destruction continues. Seagate’s CEO warned AI capacity is years away — MU -6%, AMAT -5.3% as SOX slides pre-NVDA May 20.
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