News Results

  1. TREASURIES-US yields fall with weaker consumer confidence and oil market selloff
    Reuters | 04:57 PM EDT

    * Investors optimistic about potential rate cuts later this year after Powell's comments. * Although fragile, Israel-Iran ceasefire pushes oil prices lower. * Demand at $69 billion two-year notes auction tepid, with high primary dealers stake. By Tatiana Bautzer, Davide Barbuscia.

  2. GLOBAL MARKETS-Shares hit record high, oil plummets with market sentiment buoyed by Iran-Israel truce
    Reuters | 04:44 PM EDT

    * Wall Street shares rally more than 1% * Iran and Israel ceasefire appears to hold. * Brent crude futures settle down 6% * US yields fall, German draft budget sends Bund yields higher. * Dollar extends pullback, gold softens. By Chibuike Oguh.

  3. Fed's Barr: inflation to rise, may see some persistence
    Reuters | 04:02 PM EDT

    -Higher import levies will put upward pressure on prices that may not prove temporary, Federal Reserve Governor Michael Barr said on Tuesday in remarks that suggest he is in no rush? to cut interest rates despite what he called?"gradual, albeit uneven" progress toward 2% inflation to date.

  4. US STOCKS-Wall St ends sharply higher, S&P 500 nears record high as Middle East tensions cool
    Reuters | 04:00 PM EDT

    * Fed Chair Powell reiterates "wait and see" approach to rate cuts, tariffs. * US airlines rise on hopes of end to Israel-Iran conflict. * Broadcom (AVGO) hits record peak after brokerage upgrades. By Stephen Culp.

  5. US STOCKS-Wall St rallies, S&P 500 nears record high as Middle East tensions cool
    Reuters | 02:29 PM EDT

    * Indexes up: Dow 1.21%, S&P 500 1.19%, Nasdaq 1.56% * FedEx (FDX) rises ahead of quarterly results. * Fed Chair Powell reiterates "wait and see" approach to rates. * US airlines rise on hopes of end to Israel-Iran conflict. * Broadcom (AVGO) hits record peak after brokerage upgrades. By Stephen Culp.

  6. US Treasury secretary says date for debt ceiling could change
    Reuters | 02:18 PM EDT

    U.S. Treasury Secretary Scott Bessent on Tuesday said the date for the nation to reach its debt ceiling could change if courts interfere with U.S. President Donald Trump's tariff policies. "We will never default on national debt," he told reporters at the U.S. Capitol after meeting with lawmakers.

  7. Fed's Collins says modestly restrictive monetary policy is necessary right now
    Reuters | 02:03 PM EDT

    Federal Reserve Bank of Boston President Susan Collins said Tuesday monetary policy is in the right place. In remarks focused on the housing industry, the bank president noted that the "modestly restrictive" stance of monetary policy is "necessary" even as it has weighed on the housing market and thwarted efforts to improve the supply of homes.

  8. US consumer confidence weakens?on job market worries
    Reuters | 01:25 PM EDT

    * Consumer confidence index falls 5.4 points to 93.0 in June. * Labor market differential narrows; inflation expectations ease. * Annual house price growth slows in April as supply rises. By Lucia Mutikani.

  9. Fed's Powell says US lawmakers privately tell him Fed is right on rates
    Reuters | 12:44 PM EDT

    Federal Reserve Chair Jerome Powell on Tuesday said members of Congress have told him privately the central bank is "doing the right thing" on interest rates even as President Donald Trump berates Powell and the Fed for not cutting borrowing costs.

  10. Fed's Williams sees slower growth, higher inflation this year on tariffs, uncertainty
    Reuters | 12:37 PM EDT

    Federal Reserve Bank of New York President John Williams expects slower growth and higher inflation this year due in large part to trade tariffs, in comments that suggested he is in no rush to cut interest rates.

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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