* US Treasuries in overbought territory, analyst says. * US 10-yield has fallen nearly 17 bps in two days. * US rate futures now price in 41 bps in cuts in 2025. By Gertrude Chavez-Dreyfuss. U.S. Treasury yields fell on Friday after data showed retail sales in the world's largest economy tumbled in January, keeping the Federal Reserve on track to cut interest rates later this year.
The Trump administration's pledge to contain long-term U.S. Treasury yields has strengthened bond market expectations that a long-desired regulatory shift on bank leverage requirements could be finally looming.
The Trump administration's pledge to contain long-term U.S. Treasury yields has strengthened bond market expectations that a long-desired regulatory shift on bank leverage requirements could be finally looming.
* U.S. stocks advance, set for weekly gains. * U.S. 10-year yield falls but up for the week. * European stocks set for 8th weekly rise. By Chuck Mikolajczak. A gauge of global stocks rose on Friday while U.S. Treasury yields dipped as a round of soft U.S. data and the latest tariff announcements raised hopes the Federal Reserve may have leeway to be more aggressive in cutting interest rates.
* US Treasuries in overbought territory, analyst says. * US 10-yield has fallen about 17 bps in two days. * US rate futures now price in 40 bps in cuts in 2025. By Gertrude Chavez-Dreyfuss.
A look at the day ahead in U.S. and global markets from Mike Dolan. As world stocks got a fresh lift, the U.S. dollar has retreated to its lowest of the year so far on a mix of reversing U.S. Treasury yields and another delay in tariff implementation.
A look at the day ahead in U.S. and global markets from Mike Dolan. As world stocks got a fresh lift, the U.S. dollar has retreated to its lowest of the year so far on a mix of reversing U.S. Treasury yields and another delay in tariff implementation.
-Wall Street stocks ended mixed on Friday, with Nvidia climbing and Tesla dipping, while Treasury yields declined a day after U.S. President Donald Trump unveiled reciprocal tariff plans but stopped short of imposing new ones.
- Wall Street stocks ended mixed on Friday, with Nvidia climbing and Microsoft dipping, while Treasury yields declined a day after U.S. President Donald Trump unveiled reciprocal tariff plans but stopped short of imposing new ones.
A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest tariff announcements raised hopes that the Federal Reserve may have some cushion to be more aggressive in cutting interest rates.
A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest tariff announcements raised hopes that the Federal Reserve may have some cushion to be more aggressive in cutting interest rates.
* U.S. PPI report eases inflation concerns, sending dollar and Treasury yields lower. * Euro supported by optimism around Ukraine-Russia peace talks. * Perceived room for tariff negotiations soothes trade war anxieties. By Brigid Riley.
* US Treasury yields fall as inflation data suggests cooler PCE reading. * US stocks climb as Tesla and MGM Resorts lead consumer discretionary sector gains. * European stocks rise on Nestle, Siemens results and Ukraine peace talk hopes. By Chuck Mikolajczak.
* Core PCE seen lower after PPI data. * US rate futures price in 33 bps in cuts in 2025. * US two-year breakeven inflation rises to highest since 2022. * US 30-year bond auction shows poor results. By Gertrude Chavez-Dreyfuss.
* US Treasury yields dip as inflation data suggests cooler PCE reading. * US stocks climb as Tesla and MGM Resorts (MGM) lead consumer discretionary sector gains. * European stocks rise on Nestle, Siemens results and Ukraine peace talk hopes. By Chuck Mikolajczak.
* Core PCE seen lower after inflation data. * US rate futures price in 31 bps in cuts in 2025. * US two-year breakeven inflation rises to highest since 2022. * Focus on US 30-year bond auction. By Gertrude Chavez-Dreyfuss and Amanda Cooper.
* US Treasury yields dip as inflation data suggests cooler PCE reading. * US stocks climb as Tesla and MGM Resorts lead consumer discretionary sector gains. * European stocks rise on Nestle, Siemens results and Ukraine peace talk hopes. By Chuck Mikolajczak.
Short-term investor expectations for U.S. inflation hit their highest since 2022 on Thursday, following a hot read of consumer prices the day before that put nominal Treasuries under pressure.
Japan's 10-year government bond yield hit a near 15-year high on Thursday, after U.S. Treasury yields rose on stronger-than-expected U.S. inflation, while investors braced for an early interest hike by the Bank of Japan as the yen weakened. The 10-year JGB yield touched 1.37%, its highest since April 2010, earlier in the session.
A gauge of global stocks hit an intraday record on Thursday while U.S. Treasury yields tumbled as an inflation reading fueled hopes the Federal Reserve's preferred measure of prices might be cooler than anticipated.
A gauge of global stocks hit an intraday record on Thursday while U.S. Treasury yields tumbled as an inflation reading fueled hopes the Federal Reserve's preferred measure of prices might be cooler than anticipated.
* Hotter-than-expected US inflation data pushes up Treasury yields. * Fed expected to maintain higher interest rates longer. * Euro firms as US plans Russia-Ukraine peace talks. By Brigid Riley.
* US 10-year yield hits three-week high. * US two-year yield rises to highest since mid-January. * US yield curve steepens, investors continue to sell long end. * US 10-year note auction shows weak results. By Gertrude Chavez-Dreyfuss.
* US 10-year yield hits three-week high. * US two-year yield rises to highest since mid-January. * US yield curve steepens, investors continue to sell long end. By Gertrude Chavez-Dreyfuss.
It is time for the Federal Reserve to act on easing the enhanced leverage requirement for the largest U.S. banks in order to allow those institutions to be more active participants in the U.S. Treasury market, Fed Chair Jerome Powell said on Wednesday.
U.S. Treasury yields spiked on Wednesday after inflation in the world's largest economy came in stronger than expected last month, suggesting the Federal Reserve will likely pause its rate-cutting cycle for an extended period. Data showed the consumer price index rose 3% on an annual basis in January compared with the 2.9% increase expected by economists polled by Reuters.
* European shares set to rise, dollar rally pauses. * More Trump tariff announcements expected. * U.S. inflation data in focus after Powell's testimony. By Rae Wee and Chuck Mikolajczak. Stocks rose and U.S. Treasury yields firmed on Wednesday as investors assessed the latest U.S. tariff salvo along with Federal Reserve Chair Jerome Powell's signal of a patient path for rate cuts.
Japanese government bond yields hit new multi-year highs on Wednesday amid uncertainties about the Bank of Japan's rate hike pace, while higher U.S. Treasury yields also weighed on sentiment. The 10-year JGB yield rose 3 basis points to 1.34%, its highest level since February 2011. The five-year yield rose 1.5 bps to 1%, its highest since October 2008.
* Tariff uncertainty remains lingering concern. * US three-year note auction shows strong results. * US two-year yield hits highest in three weeks. * US rate futures price in 36 bps of easing in 2025. By Gertrude Chavez-Dreyfuss.
* Tariff uncertainty remains lingering concern. * Focus on US three-year note auction. * US two-year yield hits highest in three weeks. By Gertrude Chavez-Dreyfuss. U.S. Treasury prices fell on Tuesday, pushing yields higher, as investors grew cautious about steep tariffs on all steel and aluminum imports that will take effect next month, stoking worries about reaccelerating inflation.
U.S. Treasury yields clung to gains on Tuesday after Federal Reserve Chair Jerome Powell said the central bank is not in a rush to cut interest rates given an economy that is "strong overall" and inflation that remains above its 2% target.
A gauge of global stocks erased earlier declines to trade flat, while U.S. Treasury yields advanced on Tuesday as investors assessed the latest U.S. tariff salvo and Federal Reserve Chair Jerome Powell signaled a patient path for rate cuts.
* Trump comments may limit demand at auctions. * Powell on tap for testimony in Congress. * Focus on inflation numbers, retail sales. By Gertrude Chavez-Dreyfuss. U.S. Treasury yields were mixed on Monday, with those on the long end of the curve modestly higher and the direction in rates having no conviction overall, as investors looked ahead to a slew of events and economic data this week.
* Trump comments may limit demand at auctions. * Powell on tap for testimony in Congress. * Focus also on inflation numbers, retail sales. By Gertrude Chavez-Dreyfuss and Amanda Cooper.
U.S. Treasury yields traded steadily on Monday, shrugging off remarks over the weekend from President Donald Trump that his administration could look into Treasury debt payments for evidence of possible fraud. Trump, who was speaking to reporters aboard Air Force One on Sunday, suggested that the country's $36 trillion debt load might not be that high. "We're even looking at Treasuries," he said.
Japanese government bond yields rose on Monday, with the benchmark 10-year yield hitting a more-than-decade high, in line with a rise in U.S. Treasury yields last week, while investors continued to evaluate the interest rate outlook in Japan.
* Major U.S. stock indexes register weekly losses. * Consumer data shows jump in inflation expectations. * Nonfarm payrolls rose 143,000 in January vs 307,000 in December. * Trump will announce new reciprocal tariffs next week. By Stephen Culp.
U.S. Treasury yields rose on Friday as strong jobs data revisions and a decline in the unemployment rate were seen as reflecting a solid labor market, despite headline jobs gains missing economists' expectations. Employers added 143,000 jobs last month, below economists' expectations for 170,000 job gains.
* Consumer data shows jump in inflation expectations. * Nonfarm payrolls rose 143,000 in January vs 307,000 in December. * Trump will announce new reciprocal tariffs next week. By Stephen Culp. Wall Street turned sharply lower and benchmark Treasury yields jumped on Friday in the wake of a mixed payrolls report, weak consumer sentiment data and revived trade war jitters.
* Consumer data shows jump in inflation expectations. * Nonfarm payrolls rose 143,000 in January vs 307,000 in December. * New tariff announcements expected as soon as Friday: Reuters exclusive. By Stephen Culp. Wall Street turned sharply lower and benchmark Treasury yields jumped on Friday in the wake of a mixed payrolls report, weak consumer sentiment data and revived trade war jitters.
U.S. Treasury yields rose on Friday after data showed that employers added fewer jobs than expected in January, while wage inflation beat economists' expectations. U.S. job growth was likely restrained by wildfires in California and cold weather across much of the country, but a 4.0% unemployment rate probably gives the Federal Reserve cover to hold off cutting interest rates at least until June.
Wall Street ended sharply lower and benchmark Treasury yields jumped on Friday in the wake of a mixed U.S. payrolls report, weak consumer sentiment data and revived trade war jitters. All three major U.S. stock indexes finished steeply lower in a broad selloff that accelerated after a report that U.S. President Donald Trump will shortly announce new tariffs.
Wall Street ended sharply lower and benchmark Treasury yields jumped on Friday in the wake of a mixed U.S. payrolls report, weak consumer sentiment data and revived trade war jitters. All three major U.S. stock indexes finished steeply lower in a broad selloff that accelerated after a report that U.S. President Donald Trump will shortly announce new tariffs.
* US jobless claims rise in latest week. * US productivity slows in Q4. * US rate futures price in 46 bps of easing in 2025. * US 2/10 yield curve hits flattest since December 23. By Gertrude Chavez-Dreyfuss.
U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond market on Thursday, as inflationary pressures and expectations of a widening federal deficit threaten to outweigh efforts to curb borrowing costs.
U.S. Treasury Secretary Scott Bessent's pledge to contain yields on 10-year Treasury notes met some skepticism in the bond market on Thursday, as inflationary pressures and expectations of a widening federal deficit threaten to outweigh efforts to curb borrowing costs.
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.
The Trump administration's emerging focus on long-term Treasury bond yields may show growing sensitivity to market constraints that could impede President Donald Trump's economic plans, while also getting the Federal Reserve out of his direct line of fire.
* US jobless claims rise in latest week. * US productivity slows in Q4. * US rate futures price in 46 bps of easing in 2025. By Gertrude Chavez-Dreyfuss.
* European shares hit record high. * Bank of England cut UK interest rates. * Slew of corporate earnings on tap, including Google and Microsoft (MSFT). * Treasury yields ease up from 1-month lows. * Yen strengthens on bets of more BOJ hikes. By Marc Jones.
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.