News Results

  1. NY Fed's Williams: Emergency lending programs could be started if needed- WSJ
    Reuters | 12:41 PM EST

    The emergency lending facilities set up by the Federal Reserve to stabilize markets in the spring were successful and could be restarted later if needed after they expire at year end, New York Federal Reserve Bank President John Williams said Tuesday.

  2. TREASURIES-Longer-term yields rise further as investors embrace risk
    Reuters | 12:31 PM EST

    U.S. Treasury yields on the longer end of the curve extended their rise on Tuesday as investors rushed to riskier investments, including soaring stocks.

  3. U.S. consumer confidence slips; house prices surge
    Reuters | 11:32 AM EST

    U.S. consumer confidence fell more than expected in November amid a widespread resurgence in new COVID-19 infections and business restrictions, reinforcing expectations for a sharp slowdown in economic growth in the fourth quarter. The survey from the Conference Board on Tuesday followed on the heels of reports this month showing a moderation in job growth and retail sales in October.

  4. U.S. consumer confidence ebbs; house prices surge
    Reuters | 11:25 AM EST

    * Consumer confidence index falls 5.3 pts to 96.1 in November. * House prices increase 6.6% year-on-year in September. By Lucia Mutikani. U.S. consumer confidence fell more than expected in November amid a widespread resurgence in new COVID-19 infections and business restrictions, reinforcing expectations for a sharp slowdown in economic growth in the fourth quarter.

  5. Erdogan's snap economic rethink prompted by bleak briefings -Turkish sources
    Reuters | 11:05 AM EST

    * President warned of "major" unemployment wave in briefings. * Central bank chief ousted, then finance minister resigned. * Quick pivot after Biden election and before new virus curbs. By Orhan Coskun and Jonathan Spicer.

  6. TREASURIES-Longer-term yields rise as risk appetite improves
    Reuters | 09:22 AM EST

    U.S. Treasury yields on the longer end of the curve inched higher on Tuesday with the stock market poised to open stronger and ahead of a seven-year note auction. The benchmark 10-year yield was ...

  7. Thai central bank concerned about baht leap, but no pressing need for QE
    Reuters | 09:09 AM EST

    Thailand's central bank governor said on Tuesday the speedy rise of the country's baht currency was causing concern, but played down the chance of launching unconventional measures such as mass bond purchases any time soon.

  8. Nigerian central bank holds benchmark lending rate at 11.5%
    Reuters | 09:00 AM EST

    Nigeria's central bank held its benchmark lending rate at 11.5% on Tuesday, its governor Godwin Emefiele said. Prior to Tuesday's meeting, the last of 2020, the bank had cut the rate on two occasions this year - both by 100 basis points. Emefiele said all 10 members of the monetary policy committee had voted to stick to the rate.

  9. Nigeria's central bank holds benchmark lending rate at 11.5%
    Reuters | 08:35 AM EST

    Nigeria's central bank held its benchmark lending rate on Tuesday at 11.5%, its governor Godwin Emefiele said. Prior to Tuesday's meeting, the last of 2020, the bank had this year cut the rate on two occasions - both by 100 basis points.

  10. Thai c.bank concerned about baht leap, no pressing need for QE
    Reuters | 07:45 AM EST

    Thailand's central bank governor said on Tuesday the speedy rise of the country's baht currency was causing concern, but played down the chance of launching unconventional measures such as mass bond purchases any time soon.

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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