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Extended Oil Shock Spells Higher, Sticky Inflation
Posted
May 18, 2026
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3,068
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May 18, 2026
3,068
49
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2.05%
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5:29Now PlayingThe amount of inflation priced into 10-year Treasury yields is a little hard to square with what the market is saying about price rises in the near term.
Either inflation is going to be high for a long time, and this is something that has changed in the past week or two, or 10-year yields have gone a little too far.
Yelena Shulyatyeva, Senior US Economist at The Conference Board, discusses inflation expectations and what happens if oil prices rise higher, for longer.
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