# The yield on 10-year Treasury notes, a benchmark for global borrowing costs, hit 4.56% - its ‌highest level since May 2025.

*semiconductor · news · 2026-05-15 · Devdiscourse*

## Key points

- The yield on 10-year Treasury notes hit 4.56%, its highest level since May 2025.
- Odds of a U.S. Fed December rate hike doubled in a week to about 40%, per CME data.
- Brent crude rose nearly 3% to $109 as the Strait of Hormuz remained closed.
- Dexcom will add two independent directors and revamp its board committee with Elliott Management.

**Companies:** Nvidia, Applied Materials, Dexcom
**Countries:** United States, Iran

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/headlines/3909827-us-stocks-wall-street-set-to-drop-at-open-as-yields-jump-on-inflation-worries)

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