Research Fixed Income
News, Events, & Reports

Print.

Print

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

Sector Update: Financial

BY MT Newswires | TREASURY | 01:20 PM EDT

01:20 PM EDT, 05/28/2026 (MT Newswires) -- Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index decreasing 0.5% and the State Street Financial Select Sector SPDR ETF (XLF) down 0.4%.

The Philadelphia Housing Index eased 0.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) added 0.1%.

Bitcoin (BTC-USD) was falling 1.3% to $73,337, and the yield for 10-year US Treasuries was down 3 basis points at 4.45%.

In corporate news, MetLife (MET) and Ares Management (ARES) are at odds over restructuring of Eagle Football Group's debt, Bloomberg reported. Ares, which has provided more than $400 million in financing to Eagle Football, is trying loan restructuring while MetLife (MET) is being told to wait longer to get paid back, the report said. MetLife (MET) shares were down 1%, and Ares rose 0.4%.

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

More Fixed Income News

Bessent says he had breakfast with Fed's Warsh on Thursday BY Reuters |ECONOMIC 02:26 PM EDT
MEDCO settles up with IRS BY SourceMedia Bond Buyer |CORPORATE 02:05 PM EDT
Fed Chair Warsh's preferred inflation measure is cooling. A big pinch of salt is advised BY Reuters |ECONOMIC 01:50 PM EDT
Fed Chair Warsh's preferred inflation measure is cooling. A big pinch of salt is advised BY Reuters |ECONOMIC 01:43 PM 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.

© 1998 – 2014 FMR LLC.

All rights reserved.

fir_news_article