Log In Required
Log In Required
Line of Credit Log In Required
|
Swedish central bank cuts key rate to 2.75% from 3.25%BY Reuters | CORPORATE | 11/07/24 03:36 AM ESTSTOCKHOLM, Nov 7 (Reuters) - Sweden's central bank cut its key interest rate to 2.75% from 3.25% on Thursday, as expected, and said if the economic and inflation outlooks remain the same it may also cut the rate in December and in the first half of 2025. (Reporting by Simon Johnson; editing by Niklas Pollard) More Fixed Income News
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible. Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss. Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully. |
Print
