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German economy contracted 0.2% in 2024BY Reuters | ECONOMIC | 04:03 AM ESTBERLIN, Jan 15 (Reuters) - The German economy contracted by 0.1% in the final quarter of last year and shrank by 0.2% over the full-year 2024, the Federal Statistics Office said on Wednesday. The full-year decrease in gross domestic product (GDP) compared with a forecast by analysts polled by Reuters for a 0.2% drop in 2024. (Reporting by Maria Martinez, Writing by Miranda Murray) 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. |
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