News Results

  1. TREASURIES-US yields lower after inflation data, Fed hold on rates
    Reuters | 04:30 PM EDT

    U.S. Treasury yields dropped on Wednesday after an inflation reading came in cooler than expected, raising hopes the Federal Reserve would begin cutting interest rates in coming months that were only partly dampened by new Fed projections that pointed to some caution.

  2. GLOBAL MARKETS-US stocks hit record highs, dollar pares losses after CPI, Fed decision
    Reuters | 04:19 PM EDT

    The S&P 500 and the Nasdaq scored record closing highs for the third consecutive session on Wednesday and U.S. Treasury yields pared earlier declines as investors weighed a market-pleasing inflation report against lowered interest rate cut expectations.

  3. GLOBAL MARKETS-Wall Street holds gains, Treasury yields pare losses as Fed dampens rate-cut expectations
    Reuters | 03:33 PM EDT

    U.S. stocks wavered but resumed their rally and U.S. Treasury yields pared earlier declines after the U.S. Federal Reserve left interest rates unchanged and lowered expectations for rate cuts this year. The dollar shed some weakness after the Fed's policy statement and its Summary of Economic Projections was released.

  4. TREASURIES-US yields lower after inflation data, Fed rates hold
    Reuters | 02:44 PM EDT

    U.S. Treasury yields fell on Wednesday after an inflation reading came in softer than expected, raising hopes for a rate cut from the Federal Reserve in the coming months, and the central bank kept interest rates at current levels in its latest policy statement.

  5. GLOBAL MARKETS-Wall St rallies, dollar drops after cooler US inflation; Fed in the wings
    Reuters | 10:39 AM EDT

    U.S. stocks rallied and the dollar sank as cooler-than-expected inflation data fueled rate cut optimism, hours before the end of the U.S. Federal Reserve's monetary policy meeting. Benchmark U.S. Treasury yields were sharply lower after the Labor Department's closely watched CPI report showed core prices growing at their slowest annual pace in over three years.

  6. JGB yields track US peers lower as Fed, BOJ decisions loom
    Reuters | 01:12 AM EDT

    Japanese government bond yields declined on Wednesday, tracking a drop in Treasury yields ahead of key U.S. inflation data and the Federal Reserve's policy decision later in the day. The slide was limited, however, by a looming Bank of Japan policy announcement on Friday, with traders and analysts bracing for a hawkish tilt from the local monetary authority.

  7. US stocks hit record highs, dollar pares losses after CPI, Fed decision
    Reuters | 06/11/24 10:31 PM EDT

    The S&P 500 and the Nasdaq scored record closing highs for the third consecutive session on Wednesday and U.S. Treasury yields pared earlier declines as investors weighed a market-pleasing inflation report against lowered interest rate cut expectations.

  8. GLOBAL MARKETS-S&P 500, Nasdaq notch record closing highs ahead of CPI, Fed decision
    Reuters | 06/11/24 04:23 PM EDT

    The Nasdaq and the S&P 500 rose on Tuesday to end at all-time highs, reversing early losses as investors prepared for upcoming inflation data and the U.S. Federal Reserve's policy meeting. Benchmark Treasury yields extended their decline ahead of the Labor Department's Consumer Price Index report.

  9. GLOBAL MARKETS-Wall Street mixed, US Treasury yields dip ahead of CPI, Fed decision
    Reuters | 06/11/24 03:13 PM EDT

    The Nasdaq and the S&P 500 rose on Tuesday, reversing early losses and on track for another record closing high as investors turned a cautious eye to upcoming inflation data and the U.S. Federal Reserve's policy meeting. Benchmark Treasury yields extended their decline ahead of the Labor Department's crucial Consumer Price Index report.

  10. Shrinking Fed rate cut expectations to keep US Treasury yields elevated: Reuters poll
    Reuters | 06/11/24 09:55 AM EDT

    U.S. Treasury yields will plateau over the coming three months and then only fall modestly by year-end amid receding expectations of Federal Reserve interest rate cuts, according to a Reuters poll of bond strategists. After peaking at 5.02% in October, the benchmark U.S. 10-year Treasury note yield plummeted over 120 basis points as traders priced in as much as 150 bps of Fed rate cuts this year.

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.

fir_news_results