Concerns over escalating hostilities in the Middle East stayed front and centre in markets on Wednesday, sending oil prices higher and investors rushing for the safety of U.S. Treasuries and the dollar while dumping stocks.
* Investors worry over greater US involvement in Mideast conflict. * Oil extends climb, dollar supported. * Federal Reserve decision comes later in the day. By Rae Wee. Concerns over escalating hostilities in the Middle East stayed front and centre in markets on Wednesday, sending oil prices higher and investors rushing for the safety of U.S. Treasuries and the dollar while dumping stocks.
* Oil prices rise more than 4% on Iran-Israel fighting. * Trump says Iranian leader is safe "for now" * Lack of trade agreements at G7 disappoint. * Fed expected to hold rates, Chair's comments in focus. * U.S. Treasury yields fall on flight to safety. By Isla Binnie.
* US, Iran tensions boost safe-haven demand for Treasuries. * Fed will update economic and interest rate projections on Wednesday. * Treasury sees strong demand for $23 billion in 5-year TIPS. By Karen Brettell.
Euro zone bond yields edge up in early trading on Tuesday, taking their cue from a relatively subdued overnight session in U.S. Treasuries, as fighting between Israel and Iran entered a fifth day. U.S. President Donald Trump urged Iranians to evacuate Tehran, citing what he said was the country's rejection of a deal to curb nuclear weapons development.
* Investors worry Middle East conflict will increase inflation. * US Treasury sees good demand for $13 billion 20-year auction. * Fed's rate projections will be the focus when the meeting ends on Wednesday. By Karen Brettell.
The U.S. Treasury's sale of $13 billion in 20-year bonds showed solid demand on Monday in line with last week's 10-year and 30-year debt auctions that were also well-received. The auction priced at a high yield of 4.942%, lower than the market's rate forecast in when-issued trading at the bid deadline. The 20-year yield rose slightly to 4.94 following the auction, from 4.933% just before.
* Investors worry Middle East conflict will increase inflation. * US Treasury to sell $13 billion in 20-year bonds on Monday. * Fed's rate projections will be focus of meeting ending Wednesday. By Karen Brettell.
Japanese government bonds fell on Monday, tracking declines in U.S. Treasuries on Friday, as investors awaited market-moving cues such as the Bank of Japan's decision on its bond tapering. The five-year JGB yield and the 10-year JGB yield rose four basis points to 1.005% and 1.44%, respectively. Yields and prices of bonds move inversely.
* Israel hits Iran nuclear facilities, missiles fired back. * Crude surges on supply risks. * Dow slumps, European, Asian shares also down. * Dollar regains ground, Treasury yields spike. By Lawrence Delevingne and Dhara Ranasinghe.
* Israel hits Iran nuclear facilities, missile factories. * Crude surges as much as 14% on supply risks. * Dow slumps, European, Asian shares also down. * Dollar regains ground, Treasury yields spike. By Lawrence Delevingne, Dhara Ranasinghe.
* Israel's strike on Iran raises oil prices, rekindles inflation concerns. * Analyst surprised by lack of safe-haven bid for US debt. * Says US yield curve may flatten if oil prices rise further. U.S. Treasury yields rose on Friday after Israel's strike on Iran, as markets absorbed a sudden shock to commodity and stock prices, reversing some of the declines after four days mainly in the red.
SINGAPORE, June 13, 2025 ?FBS, a leading global broker, has published a new expert analysis exploring how macroeconomic shifts, especially the normalization of the US Treasury yield curve, may create growth opportunities for the crypto market in 2025.
U.S. Treasuries climbed on Friday, pushing 10-year yields to one-month lows, as investors flocked to safe-haven assets after Israel conducted military strikes on Iran. Israel said early on Friday it had struck Iranian nuclear targets to block Tehran from developing atomic weapons, and Iranian media and witnesses reported explosions including at the country's main uranium enrichment facility.
The U.S. Treasury Department saw good interest in a $22 billion sale of 30-year bonds on Thursday, following concerns the U.S. government would struggle to find buyers for the longer-dated debt due to concerns about the long-term U.S. fiscal trajectory. The yield on the 30-year bond fell after the results were published, and was last down 6.6 basis points on the day at 4.843%.
U.S. Treasury yields on Thursday were on track for a fourth straight day of declines as markets absorbed economic data pointing to a worsening labor market and a moderate uptick in wholesale inflation.
U.S. Treasury Secretary Scott Bessent said on Wednesday that legislation to create a framework for stablecoins backed by U.S. Treasury debt would help cement the dollar's position as the world's reserve currency and create demand for at least an additional $2 trillion worth of Treasuries.
* CPI data shows little change in prices. * U.S. stocks dip, dollar declines. * Treasury yields fall; strong interest in a $39 billion sale of 10-year notes. * Oil surges to 7-week high amid Middle East tensions. * Trump says US-China trade deal 'done' but details lack. By Lawrence Delevingne and Lawrence White.
* Trump says US-China trade deal 'done' but details lack. * CPI data shows little change in prices. * U.S. stocks dip record levels, dollar declines. * Treasury yields fall; strong interest in a $39 billion sale of 10-year notes. * Oil rises to 7-week high. By Lawrence Delevingne and Lawrence White.
The U.S. Treasury Department saw strong interest in a $39 billion sale of 10-year notes on Wednesday, indicating that demand for the debt remains strong despite concerns that foreign investors are moving away from the market. The yield on the benchmark 10-year note fell to 4.42% after the results were published, from around 4.50% beforehand.
* Trump says US-China trade deal done. * CPI data shows little change in prices. * U.S. stocks rally to near record levels, dollar dips. * Treasury yields fall but traders await auction results. * Oil rises to 7-week high on US-China trade deal. By Lawrence Delevingne and Lawrence White.
* Trump says US-China trade deal done. * CPI data shows little change in prices. * U.S. stocks hold near record levels, dollar steady. * Treasury yields dip but traders await auction results. * Oil rises to 7-week high on US-China trade deal. By Lawrence Delevingne and Lawrence White.
U.S. Treasury yields are set to decline further according to bond strategists who are clinging to expectations the Federal Reserve resumes cutting interest rates after pausing for more than half a year even as dealers are set to underwrite a deluge of new supply. A slight majority now expect another sell-off in longer-dated bonds, the maturities most at risk, by the end of this month.
* Demand allays some fears foreign investors avoiding US market. * 10-year auction showed persistent demand. * US to auction $22 billion in 30-year bonds on Thurs. June 11 - Yields on U.S. Treasuries declined for a third straight day on Wednesday as positive news on inflation and U.S.-China trade relations boosted investor demand.
-Wall Street stocks and the dollar fell on Wednesday, while U.S. Treasury yields eased, amid fresh tension in the Middle East, a lack of detail in a U.S.-China trade deal, and U.S. consumer prices showing only a mild increase.
* Auctions to reveal foreign appetite for US debt. * Markets calm as inflation data, auctions approach. * Futures markets point to rate cut in September. U.S. Treasury yields were little changed on Tuesday afternoon as markets awaited news from U.S.-China trade talks in London and inflation data that economists expect to show rising consumer prices.
* Investors brace for strong consumer price index report. * US-China trade talks could impact global growth. * Yields on 10-year Treasury note slightly down. By Douglas Gillison. June 9 - U.S. Treasury yields were modestly lower on Monday afternoon, after rising on Friday following an unexpectedly strong May jobs report.
* Investors brace for strong consumer price index report. * US-China trade talks could impact global growth. * Yields on 10-year Treasury note slightly down. By Douglas Gillison. U.S. Treasury yields started the week little changed on Monday, mostly holding on to gains seen from a selloff last week prompted by an unexpectedly strong May jobs report.
Japanese government bond yields rose on Monday, buoyed by an advance for U.S. Treasury yields after resilient labour market data on Friday saw traders pare back bets for a near-term Federal Reserve interest rate cut. The 10-year JGB yield rose 1.5 basis points to 1.470% as of 0515 GMT.
* US payrolls data tops forecasts. * Dollar up against peers. * Tesla claws back ground after Musk-Trump feud. * Crude prices register weekly advance amid renewed U.S.-China trade talks. By Stephen Culp.
* US payrolls data tops forecasts. * Dollar up against peers. * Tesla claws back ground after Musk-Trump feud. * Crude prices register weekly advance amid renewed U.S.-China trade talks. By Stephen Culp.
* US payrolls data tops forecasts. * Dollar up against peers. * Tesla claws back ground after Musk-Trump feud. * Crude prices set for weekly advance amid renewed U.S.-China trade talks. By Stephen Culp.
U.S. Treasury yields rose after data on Friday showed that employers added more jobs than economists had expected in May, indicating that the labor market remains solid despite concerns that it will weaken. Employers added 139,000 jobs last month, above estimates for a 130,000 increase. "The sell-off really reflects this idea that growth sentiment is heading in a bullish direction.
* US payrolls data tops forecasts. * Dollar up 0.5% against peers. * Tesla claws back ground after Musk-Trump feud. By Iain Withers. U.S stock futures, the dollar and Treasury yields all gained on Friday after payrolls data slightly exceeded economists' forecasts, calming some investors' concerns after a run of weak economic data.
U.S. Treasury yields rose after data on Friday showed that employers added more jobs than economists had expected in May, while average hourly earnings also rose more than was forecast. Employers added 139,000 jobs last month, above estimates for a 130,000 increase.
-As stablecoins take a step toward becoming mainstream, some segments of the U.S. Treasury market, notably securities with short-term maturities, could be vulnerable to volatility as they become more closely tied to the world of cryptocurrency.
-As stablecoins take a step toward becoming mainstream, some segments of the U.S. Treasury market, notably securities with short-term maturities, could be vulnerable to volatility as they become more closely tied to the world of cryptocurrency.
U.S. stocks closed sharply higher on Friday and U.S. Treasury yields jumped as a generally upbeat employment report and bounce-back in Tesla shares helped the indexes notch weekly advances. All three major U.S. stock indexes surged, while bitcoin jumped and crude prices settled at their highest level since mid-April.
* Yields fall after jobless claims, productivity data. * Trump-Xi phone talks boost market sentiment. * Two-year yield tests 50-day moving average. By Chuck Mikolajczak. U.S. Treasury yields rebounded on Thursday from an initial drop in choppy trading after a round of economic data was overshadowed by optimism that U.S.-China trade tensions could be easing.
While Wall Street is laser-focused on whether Treasury yields decisively break the 5% mark ? a level already breached by 30-year bonds and often viewed as ominous for stocks ? Goldman Sachs is pushing back on the panic. In a research note released Wednesday, Goldman Sachs challenged the widely accepted view that 5% nominal yields on U.S. Treasuries represent a breaking point for equities.
TRADING DAY. Making sense of the forces driving global markets. By Jamie McGeever, Markets Columnist?. Markets again lacked a unifying theme on Wednesday, as world stocks hit record highs, Wall Street ended mixed and Treasury yields tumbled, all against a backdrop of patchy U.S. economic data and a lack of clarity on global trade talks.
TRADING DAY. Making sense of the forces driving global markets. By Jamie McGeever, Markets Columnist. Markets again lacked a unifying theme on Wednesday, as world stocks hit record highs, Wall Street ended mixed and Treasury yields tumbled, all against a backdrop of patchy U.S. economic data and a lack of clarity on global trade talks.
* US-Europe trade talks progress amid tariff tensions. * US private sector job growth below expectations. * European stocks rise, Germany's index hits record high. By Stephen Culp. Wall Street wavered and U.S. Treasury yields dropped on Wednesday as investors monitored U.S. trade negotiations and looked ahead to Friday's critical employment report.
* * ISM services PMI drops to 49.9, indicating contraction. * Markets price in 74% chance of Fed rate cut in September. By Chuck Mikolajczak. U.S. Treasury yields fell sharply on Wednesday, after labor market data came in weaker than expected, while a separate report on the services sector unexpectedly showed contraction.
As long-dated Treasury yields hover just below 5% and Moody's strips the U.S. of its final AAA credit rating, investor sentiment toward U.S. government bonds has reached some of its most bearish levels in decades. Much of the gloom surrounds concerns over rising fiscal deficits, ballooning interest expenses and a perceived lack of political will to rein in debt.
* Canadian dollar gains 0.3% against the greenback. * Touches its strongest since October 9 at 1.3662. * Downturn in Canada's servces economy eases in May. * Bond yields fall less than U.S. Treasury yields. By Fergal Smith.
* * ISM services PMI drops to 49.9, indicating contraction. * Markets price in 74% chance of Fed rate cut in September. By Chuck Mikolajczak. U.S. 10-year Treasury yields fell on Wednesday after labor market data came in weaker than expected, while a separate report on the services sector unexpectedly showed contraction.
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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