# [7D] Global Bond Market Volatility From Oil Importer Treasury Sales and Shifting Energy Risks

*Issued Sunday, May 24, 2026 at 5:09 AM UTC — Hamer Intelligence Services Desk*

**Issued**: 2026-05-24T05:09:02.009Z (4h ago)
**Expires**: 2026-05-31T05:09:02.009Z (7d from now)
**Category**: ECONOMIC | **Confidence**: 65% | **Impact**: HIGH
**Risk Direction**: volatile
**Affected Regions**: United States, Major oil-importing economies in Asia and Europe, Global emerging markets
**Affected Assets**: US Treasuries (all maturities), US Dollar Index, EM local-currency bonds, Sovereign credit spreads
**Permalink**: https://hamerintel.com/data/forecasts/10884.md
**Source**: https://hamerintel.com/forecasts

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## Prediction

Over the next week, global bond markets, particularly US Treasuries, are likely to experience elevated volatility as investors digest data showing $86B in Treasury sales by oil-importing economies alongside evolving energy risk from Hormuz and Russian infrastructure attacks. US yields may drift higher on reduced foreign buying and supply concerns, even if safe-haven demand partially offsets this. A stronger dollar on relative US growth and rate expectations will pressure emerging markets, particularly energy importers. Contrarian scenario: A decisive Hormuz de-escalation and weak global data drive a strong risk-off rally into Treasuries, overpowering the recent selling trend.

## Drivers

- Warning that oil importers have dumped Treasuries at the fastest pace in a decade
- Potential moderation of crude risk premia from Hormuz progress
- China’s retail slump pointing to weaker global demand and divergent monetary paths
- Market sensitivity to shifts in official and sovereign Treasury holdings