US 30Y hits 5.16%, one-year peak; Brent swings $111→$102

US 30-year Treasury yields touched 5.159% May 18, the highest since May 2025; 10Y jumped 4bp to 4.63%. Brent crude breached $111 then retreated to $102 on reports of potential US Iran sanctions relief. June FOMC cut odds near zero as Warsh's first meeting locks in hold mode.