Small font size A Larger text size A Largest text size A

Exclusive-US is leading G20 initiative to ensure fertilizer access, sources say

BY Reuters | ECONOMIC | 09:02 AM EDT

WASHINGTON, April 17 (Reuters) - The U.S., current chair of the Group of 20 major economies, is urging G20 members and the International Monetary Fund and World Bank to take coordinated action to ensure fertilizer access and a buffer against disruptions in food trade supply chains, two sources familiar with the matter said on Friday.

U.S. Treasury Secretary Scott Bessent viewed fertilizer and agriculture supply chains as of essential importance, and was encouraging collaboration among G20 members, alongside the International Monetary Fund and the World Bank, the sources said on condition of anonymity.

(Reporting by Andrea Shalal; Editing by Paul Simao)

More Fixed Income News

Reopened Strait of Hormuz and falling oil prices may recast Fed's options for future cuts BY Reuters |ECONOMIC 10:08 AM EDT
Reopened Strait of Hormuz and falling oil prices may recast Fed's options for future cuts BY Reuters |ECONOMIC 10:04 AM EDT
Puerto Rico electric rates to remain basically stable BY SourceMedia Bond Buyer |MUNICIPAL 09:29 AM EDT
Millicom (Tigo) subsidiary Telef?nica Celular del Paraguay S.A.E. announces its intent to redeem in full Senior Notes due 2027 BY GlobeNewswire |CORPORATE 09:16 AM EDT

All 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.

fir_news_article