May 2026 CPI Hits 4.2% as Treasury Yields Fall Ahead of Fed Meeting

Overhead aerial view of oil tanker traffic moving through the Strait of Hormuz, illustrating global energy supply routes and geopolitical risk.

CPI May 2026: Iran De-escalation Drives Bull Steepener as Treasury Yields Retreat | Mariemont Capital Duration & Credit Pulse Week Ending June 14, 2026 Executive Summary Bottom Line: The May 2026 CPI report confirmed a 4.2% year-over-year reading — the highest since April 2023 — driven primarily by energy costs tied to the ongoing Strait […]