News Results

  1. TREASURIES-US yields end little changed after healthy business activity report
    Reuters | 06/21/24 03:47 PM EDT

    U.S. Treasury yields wavered in quiet trade on Friday, slipping early in tandem with European yields then ticking up to just above flat after a surprisingly strong business activity report indicated that the Federal Reserve has another reason to hold off easing interest rates.

  2. US credit spreads widen on political jitters, Treasuries rally
    Reuters | 06/21/24 12:39 PM EDT

    The spreads between U.S. investment-grade corporate bond yields and U.S. Treasuries have surged to their highest in over three months, in a sign of risk aversion due to political uncertainty in France and as U.S. government bonds rallied. Spreads indicate the premium investors demand to hold corporate bonds rather than safer government securities.

  3. TREASURIES-US yields slip as traders watch Europe and await PMI data
    Reuters | 06/21/24 09:36 AM EDT

    U.S. Treasury yields slipped early Friday, seeking direction as recent data pointing to cooling growth and labor markets offset the specter of more supply next week, while traders took what cues there were from weakness in European rates. The main data confronting the U.S. bond market Friday is manufacturing and services sector surveys at 0945 ET/1345 GMT.

  4. GLOBAL MARKETS-Wall Street bucks global rally as bond yields rise
    Reuters | 06/20/24 04:49 PM EDT

    Wall Street shares pulled back from record highs hit early on Thursday in sympathy with rallying overseas indexes, as Treasury yields shook off soft U.S. data and rose anticipating new supply next week. The dollar firmed, as higher U.S. yields widened differentials with non-dollar rates that are trending lower. The Dow Jones Industrial Average was the only major index that held gains.

  5. TREASURIES-US yields as markets consolidate anew ahead of huge supply next week
    Reuters | 06/20/24 03:58 PM EDT

    * U.S. housing starts fall, Philly Fed index declines. * U.S. yield curve reduces inversion. * U.S. rate futures price in one to two cuts this year. * U.S. $21 billion five-year TIPS auction shows strong demand. By Gertrude Chavez-Dreyfuss.

  6. GLOBAL MARKETS-Wall Street shrugs off global stock rally as bond yields rise
    Reuters | 06/20/24 03:19 PM EDT

    Wall Street shares pulled back from record highs hit early on Thursday in sympathy with rallying overseas indexes, as Treasury yields shook off soft U.S. data and rose anticipating new supply next week. The dollar firmed, as higher U.S. yields widened differentials with non-dollar rates that are trending lower. The S&P 500 and Nasdaq extended their record-breaking streak before pulling back.

  7. TREASURIES-US yields rise on further consolidation ahead of massive supply next week
    Reuters | 06/20/24 11:38 AM EDT

    * U.S. housing starts fall, Philly Fed index declines. * U.S. yield curve reduced inversion. * U.S. rate futures price in between one to two cuts this year. * Focus on $21 billion U.S. five-year TIPS auction. By Gertrude Chavez-Dreyfuss.

  8. GLOBAL MARKETS-Wall St follows world stocks higher powered by AI, rate cut hopes
    Reuters | 06/20/24 11:17 AM EDT

    U.S. stocks followed their European counterparts higher on Thursday and Treasury yields rose as soft economic data and central bank actions abroad set the stage for a dovish pivot from the Federal Reserve.

  9. US Treasuries Set To Break Even After Rocky First Half Of 2024
    Benzinga | 06/20/24 09:43 AM EDT

    U.S. Treasuries?are poised to come in even despite having a very volatile first six months of 2024. A Bloomberg index of returns in this bond market has declined a mere 0.1% for the year. The rebound indicates that investor outlook might be positive in light of falling U.S. prices prompting the Federal Reserve to cut interest rates sooner.

  10. Wall Street shrugs off global stock rally as bond yields rise
    Reuters | 06/19/24 10:38 PM EDT

    Wall Street shares pulled back from record highs hit early on Thursday in sympathy with rallying overseas indexes, as Treasury yields shook off soft U.S. data and rose anticipating new supply next week. The dollar firmed, as higher U.S. yields widened differentials with non-dollar rates that are trending lower. The S&P 500 and Nasdaq extended their record-breaking streak before pulling back.

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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