News Results

  1. EMERGING MARKETS-Most Latam FX climbs on prospects of bigger Fed rate cut
    Reuters | 03:39 PM EDT

    Most Latin American currencies ticked up against the dollar on Monday as global markets awaited the U.S. Federal Reserve's rate verdict later this week, with bets tilted toward an outsized ...

  2. FOREX-US dollar hits more than one-year low versus yen as market eyes aggressive Fed rate cut
    Reuters | 03:03 PM EDT

    The U.S. dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that the Federal Reserve could deliver a supersized cut to interest rates later this week.

  3. GLOBAL MARKETS-Tech stocks drag, dollar plumbs lows on rate cut expectations
    Reuters | 02:45 PM EDT

    * Tech stocks weigh on S&P 500 and Nasdaq, DJI bears up. * Treasury yields fall to two-year low. * Futures imply 59% chance of outsized Fed rate cut. By Isla Binnie.

  4. Argentina economy forecast to extend recession in second quarter
    Reuters | 02:13 PM EDT

    Argentina's economy likely shrank 1.4% in the second quarter versus a year earlier, a Reuters poll showed on Monday, the fifth such decline as a recession deepens under a tough austerity drive by libertarian President Javier Milei. That median GDP estimate from 15 analysts polled by Reuters for the April-June period would follow a 5.1% year-over-year contraction in the first quarter.

  5. Fed rate cuts will not be as deep as the market expects, says BlackRock
    Reuters | 01:42 PM EDT

    The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market expects due to a resilient economy and inflation remaining sticky, the BlackRock Investment Institute said in a note on Monday.

  6. Fed rate cuts will not be as deep as the market expects, says BlackRock
    Reuters | 01:40 PM EDT

    The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market expects due to a resilient economy and inflation remaining sticky, the BlackRock Investment Institute said in a note on Monday.

  7. PRECIOUS-Prospect of big Fed rate-cut keeps gold at record levels
    Reuters | 12:35 PM EDT

    * Federal Reserve's policy meeting due on Wednesday. * U.S. dollar down 0.4% against its rivals. * Gold to hit $2,900 by end of 2025, ANZ analysts say. By Anushree Ashish Mukherjee. Gold prices extended gains to an all-time high on Monday, supported by a weaker dollar and the prospect of a big rate reduction by the U.S. Federal Reserve at its policy meeting this week.

  8. US STOCKS-Tech stocks drag on Nasdaq, S&P 500 as caution reigns ahead of Fed decision
    Reuters | 12:20 PM EDT

    * Apple (AAPL) falls after analyst flags weak demand for new iPhones. * Intel (INTC) rises after report chipmaker qualifies for federal grants. * Boeing (BA) dips after it freezes hiring, weighs temporary furloughs. * Indexes: Dow up 0.16%, S&P 500 down 0.23%, Nasdaq down 0.83% By Johann M Cherian and Purvi Agarwal.

  9. Top commercial banks join G7-led central bank digital currency trial
    Reuters | 12:19 PM EDT

    Forty of the world's leading commercial banks have joined a G7-led pilot scheme with the New York Fed and leading central banks from Europe, Korea and Japan for a new digital currency platform designed to speed up and enhance cross border payments.

  10. FOREX-US dollar hits more than one-year low as market eyes aggressive Fed rate cut
    Reuters | 11:17 AM EDT

    The U.S. dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that the Federal Reserve could deliver a supersized cut to interest rates later this week.

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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