News Results

  1. France can't afford higher spending, tax cuts - central bank head
    Reuters | 01:05 PM EST

    France cannot afford tax cuts and spending increases that have been floated by presidential candidates ahead of an election set for April, the head of the central bank said on Tuesday.

  2. METALS-Copper dragged down by strong dollar ahead of Fed meeting
    Reuters | 12:53 PM EST

    Copper prices succumbed to pressure from the dollar on Tuesday as the market anticipated a more hawkish tone from the U.S. Federal Reserve in the run-up to monetary tightening in March.

  3. Key U.S. senator expects Senate to question new Fed nominees in early February
    Reuters | 11:48 AM EST

    The U.S. Senate Banking Committee's chairman said on Tuesday he hopes to hold confirmation hearings for three new Federal Reserve nominees in the first week of February, as part of an effort to quickly approve five members to the central bank.

  4. BlackRock's Fink says 'aggressive' Fed could lead to flattening yield curve - CNBC
    Reuters | 11:22 AM EST

    - A fast pace of monetary policy readjustment to curb rampant inflation could lead to a flattening of the U.S. Treasuries yield curve, said Larry Fink, chief of the world's biggest asset manager, BlackRock Inc. (BLK) "I think the yield curve is going to be flattening, you know, and I can even see if the Federal Reserve is very aggressive, I can see a, you know, a negative yield curve", Fink told CNBC...

  5. BlackRock's Fink says 'aggressive' Fed could lead to flattening yield curve - CNBC
    Reuters | 11:10 AM EST

    A fast pace of monetary policy readjustment to curb rampant inflation could lead to a flattening of the U.S. Treasuries yield curve, said Larry Fink, chief of the world's biggest asset manager, BlackRock Inc (BLK) . "I think the yield curve is going to be flattening, you know, and I can even see if the Federal Reserve is very aggressive, I can see a, you know, a negative yield curve", Fink told CNBC ...

  6. PRECIOUS-Gold slips on stronger dollar, yields as focus turns to Fed meet
    Reuters | 10:29 AM EST

    * 10-year U.S. Treasury yields hit two-year high. * Gold could trade in $1,780-$1,830 range after first rate hike - analyst. * Dollar ticks up to 1-week high. By Kavya Guduru. Gold prices fell on Tuesday, as the dollar and U.S. Treasury yields strengthened with investors turning their attention to next week's Federal Reserve policy meeting for more signals on its rate hike timeline.

  7. TREASURIES-Yields hit two-year highs on more hawkish Fed
    Reuters | 10:10 AM EST

    Benchmark U.S. Treasury yields jumped to two-year highs and two-year yields breached 1% on Tuesday as traders prepared for the Federal Reserve to be more aggressive in tackling unabated inflation.

  8. New York state factory activity slumps in January amid Omicron surge
    Reuters | 09:12 AM EST

    - Factory activity in New York state slumped in January amid a surge in COVID-19 infections, but manufacturers remained upbeat about business conditions over the next six months. The New York Federal Reserve said on Tuesday its "Empire State" index on current business conditions plunged 32.6 points to a reading of -0.7 this month.

  9. New York state factory activity slumps in January amid Omicron surge
    Reuters | 09:08 AM EST

    Factory activity in New York state slumped in January amid a surge in COVID-19 infections, but manufacturers remained upbeat about business conditions over the next six months. The New York Federal Reserve said on Tuesday its "Empire State" index on current business conditions plunged 32.6 points to a reading of -0.7 this month.

  10. Canada housing starts fall 22% in December - CMHC
    Reuters | 08:18 AM EST

    Canadian housing starts fell 22% in December compared with the previous month as both multiple urban and single-detached urban starts decreased, data from the national housing agency showed on Tuesday.

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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