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Global Bond Markets Weaken as Inflation Pressures Mount

Government bonds across major markets faced significant selling pressure May 15 as inflation concerns intensified alongside rising crude prices. The British pound logged its weakest weekly performance since 2024 against the dollar, pressuring sterling as domestic political uncertainty mounted. UK Prime Minister Keir Starmer faced mounting challenges to his leadership position. A two-day summit between U.S. President Trump and Chinese President Xi concluded with both leaders declaring strengthened bilateral ties. The meeting represented a significant diplomatic moment between the world's two largest economies.