AMERICAS · MARKETS

Key Facts

—The selloff: Long-term government bonds in the US, UK and Japan sold off together in May, a rare synchronized move.

—The peak: The US 30-year yield hit about 5.2% on May 19, its highest since 2007, before easing to near 5%.

—The trigger: Inflation fears tied to the Middle East conflict and high oil prices drove investors to demand more yield.