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Asian stocks fall as US CPI sparks yield jumps and oil fueled inflation fears
Economy
Published on 13 May 2026
The 2027 Fed hike bet surged after CPI
Asian markets slid as US CPI showed inflation accelerating, sending Treasury yields higher. Oil prices jumped after the Iran conflict, adding fresh inflation pressure and lifting expectations that the Federal Reserve could still hike as late as 2027. Analysts warn the equity rebound may wobble, with chipmakers and rate sensitive stocks facing extra strain.
- US CPI acceleration pushed Treasury yields up across markets
- Oil price spike tied to the Iran conflict intensified inflation worries
- Investors now price in a potential Fed rate hike in 2027
- Chipmakers may be hit hardest as growth stocks face tighter conditions
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times