News Results

  1. TREASURIES-US yields slide as markets price in near-certainty of Fed cut in November
    Reuters | 10/11/24 04:07 PM EDT

    * US 10-year yield posts weekly gain of nearly 10 bps. * US 30-year hits 10-week high, up for eight straight days. * US two-year yield on track for biggest daily fall since late September. * US yield curve bull-steepens after data. * US rate futures price in 91% chance of 25-bps cut in November. By Gertrude Chavez-Dreyfuss and Alden Bentley.

  2. TREASURIES-Yields little changed after brief wobble on neutral PPI picture
    Reuters | 10/11/24 12:24 PM EDT

    U.S. Treasury yields were mainly steady on Friday after bobbling on news that producer prices were flat in September, avoiding an inflation curve ball for the Federal Reserve before it must decide how much more to ease at its next meeting. The unchanged reading in the producer price index for final demand last month followed an unrevised 0.2% gain in August, the Labor Department said on Friday.

  3. GLOBAL MARKETS-Stocks higher after inflation data keeps Fed expectations on hold
    Reuters | 10/11/24 11:21 AM EDT

    * U.S. stocks gain as banks lead after earnings. * Bets for quarter point Fed rate cut intact after PPI data. * Oil slips but set for weekly gain. By Chuck Mikolajczak. Global stocks were higher and poised for a weekly gain while longer-dated U.S. Treasury yields rose after a reading on inflation and consumer confidence kept expectations for the path of Federal Reserve interest rate cuts intact.

  4. TREASURIES-Yields dip after cool PPI
    Reuters | 10/11/24 09:21 AM EDT

    U.S. Treasury yields briefly ticked lower early on Friday after a report showed producer prices were flat in September, avoiding an inflation curve ball for the Federal Reserve before it must decide how much more to ease at its next meeting. The unchanged reading in the Producer Price Index for final demand last month followed an unrevised 0.2% gain in August, the Labor Department said on Friday.

  5. JGB yields retreat from multi-week peaks as US yields decline
    Reuters | 10/11/24 02:04 AM EDT

    Japanese government bond yields declined on Friday, tracking U.S. Treasury yields, and easing from multi-week highs hit in the previous session. Data on Thursday showed an increase in U.S. weekly jobless claims and the smallest annual jump in inflation since February 2021, suggesting the Federal Reserve is on track to cut interest rates next month.

  6. Stocks climb on bank earnings boost, US yields dip
    Reuters | 10/10/24 09:58 PM EDT

    Global stocks rose on Friday, lifted by U.S. bank earnings, and on track for a weekly gain while U.S. Treasury yields were mostly lower after inflation and consumer confidence reports solidified expectations for the path of Federal Reserve rate cuts.

  7. GLOBAL MARKETS-Stocks flat, longer-dated Treasury yields climb after CPI data, Fed comments
    Reuters | 10/10/24 04:47 PM EDT

    * U.S. CPI slightly above expectations. * * Market views for 25-bp Fed rate cut in November choppy. By Chuck Mikolajczak. Global stocks were little changed while longer-dated U.S. Treasury yields edged up in choppy trading on Thursday as investors weighed the interest rate path from the Federal Reserve after economic data and comments from central bank officials.

  8. TREASURIES-US yields mixed after inflation, jobless claims data
    Reuters | 10/10/24 04:28 PM EDT

    * U.S. inflation annual rise smallest since February 2021. * U.S. jobless claims rise in latest week. * U.S. yield curve steepens post-data. * U.S. rate futures price in 91% chance of 25-bp cut in November. * U.S. 30-year bond auction shows strong results. By Gertrude Chavez-Dreyfuss.

  9. GLOBAL MARKETS-Stocks fall, longer-dated Treasury yields climb after CPI data, Fed comments
    Reuters | 10/10/24 02:38 PM EDT

    * U.S. CPI slightly above expectations. * * Market views for 25-bp Fed rate cut in November choppy. By Chuck Mikolajczak. Global stocks fell while longer-dated U.S. Treasury yields rose on Thursday as investors gauged the path of interest rates from the Federal Reserve after data on the labor market and inflation as well as comments from central bank officials.

  10. GLOBAL MARKETS-Stocks, shorter-dated Treasury yields lower after CPI data
    Reuters | 10/10/24 11:06 AM EDT

    * U.S. CPI slightly above expectations. * * Market views for 25-bp Fed rate cut in November climb. By Chuck Mikolajczak. Global stocks slipped for the first time in three sessions while shorter-dated U.S. Treasury yields dipped as slightly higher than expected U.S. inflation data and a jump in weekly jobless claims did not diminish expectations the Fed will cut rates in November.

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