Content and data provided by various third parties and Fidelity - Terms of Use
Print.Print
Small font size A Larger text size A Largest text size A

Commerzbank on Overnight News

BY MT Newswires | ECONOMIC | 06:43 AM EDT

06:43 AM EDT, 05/14/2026 (MT Newswires) -- Commerzbank in its "European Sunrise" note of Thursday highlighted:

Markets: United States Treasuries better supported in the late New York session and Asia. New 30-year U.S. Treasury auction awarded at above 5% yield for the first time since 2007, yet demand was subdued. U.S./European equity futures are up. Brent declines, trades around US$106/barrel. Japanese government bonds bear-steepen with 30-year yields rising to the highest level since 1999.

--Fed: Kevin Warsh is confirmed as Federal Reserve chair in a 54-45 Senate vote.

--Fed: Federal Reserve Bank of Boston President Susan Collins argues that rates should remain on hold for "some time." Minneapolis Fed President Neel Kashkari says the labor market is "lukewarm" and moving sideways.

U.S./China: President Donald Trump says the relationship will be better than ever before. President Xi Jinping says China/U.S. should be partners, not rivals. Warns of clashes if the Taiwan issue is mishandled. Secretary of State Marco Rubio wants China to get Iran to "walk away from what they are doing" in the Persian Gulf.

==EUROPE:

ECB: The European Central Bank is expected to hike in June and once more this year (Reuters poll). Governing Council (GC) member Philip Lane calls monetary policy stance a "judgment call" given current complex conditions; argues that fallout on growth and inflation will tip the scale. GC member Martins Kazaks cannot yet see full impact of the Iran war on inflation; says the situation is a bit worse than the baseline scenario.

Germany: Governing coalition agreed to reduce subsidies by three billion euros to create fiscal space (Bloomberg sources).

BoE: The Bank of England is expected to hold rates steady at 3.75% this year (Reuters poll).

==ASIA:

Japan: Bank of Japan's new board member, Kazuyuki Masu, says hike is desirable at "earliest stage possible."

Japan is considering extra budget for fiscal 2026 to help households deal with rising energy costs (Kyodo sources).

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

More Fixed Income News

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.

© 1998 – 2014 FMR LLC.

All rights reserved.
fir_news_article