Traders work on the floor of the New York Stock Exchange on May 11, 2026. Angela Weiss/AFP via Getty Images
Rising global Treasury bond yields weighed on investor enthusiasm for U.S. equities late in the week, pulling major indexes back from record highs reached earlier after strong earnings reports from tech giants.
Higher oil prices, elevated inflation readings, and political instability in the UK contributed to the sell-off in bonds toward the end of the week.
