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<li>Arkea Asset Management flagged a shift in US policy expectations as Kevin Warsh takes over at the Fed, with investors now pricing a growing risk of another rate hike by year-end as inflation re-accelerates.     *      US CPI rose to 3.8% year-on-year in April, with core CPI at 2.8%, while April payrolls increased by 115,000 and the unemployment rate held at 4.3%.    *      Treasury selling pressure intensified, pushing the US 10-year yield above 4.5% as inflation concerns collided with geopolitical risk tied to an unresolved Iran standoff and continued stress around the Strait of Hormuz.     *      Oil prices surged, with Brent at USD 108 and WTI above USD 100, as the report cited a sharp supply squeeze with the IEA and OPEC estimating April output losses near 1,800,000 barrels per day, including the UAE’s formal withdrawal of volumes from OPEC.     *      Equities diverged, with the S&amp;P 500 up 0.13% on AI-linked tech strength while the Euro Stoxx 50 fell 1.42% as higher rates weighed on Europe’s less tech-heavy market. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Arkea Asset Management SA published the original content used to generate this news brief on May 19, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here</li>
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<p>Arkea Asset Management predicts the US 10-year yield will exceed 4.5% due to rising inflation fears and potential rate hikes as Kevin Warsh takes over at the Fed. US CPI rose to 3.8% in April, while Treasury selling pressure increased amid geopolitical risks. Oil prices surged due to significant supply losses, and equities showed mixed results with the S&P 500 up slightly and Euro Stoxx 50 down.</p>

- Arkea Asset Management noted a shift in U.S. policy expectations with Kevin Warsh's new role at the Fed, leading to increased investor concerns about a potential rate hike as inflation accelerates.  
- In April, U.S. CPI rose to 3.8% year-on-year, contributing to Treasury yields surpassing 4.5% amid inflation and geopolitical tensions, particularly regarding Iran.  
- Oil prices surged due to significant supply constraints, while equities showed mixed performance, with tech stocks boosting the S&P 500 amid declines in the Euro Stoxx 50.

Arkea AM sees US 10-year yield topping 4.5% as inflation fears return