By Mike Dolan. U.S. Treasuries seem increasingly anxious about 2026 and the bond market is already rebuilding risk premia ahead of the new year. On Monday, the Treasury yield curve steepened to its widest in four years on both the 2-10 year and 2-30 year segments, with the former surpassing the peaks of April when the initial tariff shock briefly sent Treasuries into a tailspin.
* Investors await jobs, inflation data amid Fed rate cut concerns. * Fed divided over rate cuts due to labor market and inflation. * Supreme Court may limit Trump's authority over Federal Reserve. By Karen Brettell.
Gold extended gains on Monday, supported by a weaker dollar and softer U.S. Treasury yields, as investors looked ahead to key U.S. jobs data for clues on the Federal Reserve's policy path, while silver steadied after a record-breaking run last week. Spot gold rose 0.4% to $4,320.65 an ounce by 0319 GMT. U.S. gold futures gained 0.6% to $4,354.00 an ounce.
Gold rose on Monday, supported by softer U.S. Treasury yields, while silver steadied after a record-setting spree last week. FUNDAMENTALS. * Spot gold rose 0.3% to $4,313.08 per ounce by 0119 GMT. * Gold has gained about 64% this year, shattering multiple records and making it one of the best-performing assets of 2025. * U.S. gold futures gained 0.39% to $4,344.80 per ounce on Monday.
MSCI's global equities gauge fell slightly with U.S. Treasury yields on Monday as investors were shy about taking big bets as they waited for the week's busy schedule of U.S. economic data releases including the jobs report and retail sales as well as the latest inflation reading.
* Yields climb after two-day decline. * Fed dissenters express concerns over inflation. * 10-year yield poised for second straight weekly gain. By Chuck Mikolajczak. U.S. 10-year Treasury yields climbed on Friday after two straight sessions of declines, as investors weighed commentary from a host of Federal Reserve officials and the outlook for the economy.
* Wall Street stocks down sharply with tech shares. * Investors brace for BoE, ECB, BOJ next week. * German bond yields rise, US yields up as well. By Caroline Valetkevitch. Major stock indexes were down sharply on Friday, with technology-related shares falling again as investors were wary of artificial intelligence bets, while the dollar and U.S. Treasury yields edged higher after recent losses.
* Yields climb after two-day decline. * Fed dissenters express concerns over inflation. * 10-year yield poised for second straight weekly gain. By Chuck Mikolajczak. U.S. 10-year Treasury yields rose on Friday after two straight sessions of declines, as investors assessed commentary from a flurry of Fed speakers and a positive outlook on the economy.
The S&P 500 and the Nasdaq closed down more than 1% on Friday with investors leaving?technology for other sectors as Broadcom (AVGO) and Oracle fueled concerns about an AI bubble and rising U.S. Treasury yields added pressure after some policymakers spoke out against easing monetary policy.
Major stock indexes fell on Friday, with technology-related shares dropping again as investors were wary of artificial intelligence bets, while the dollar edged higher and U.S. Treasury yields jumped.
* Oracle shares fall after quarterly results; Nasdaq down as well. * Dollar down against euro, other currencies in wake of Fed news Wed. * Treasury yields also fall. * Broadcom (AVGO) shares weaker after the bell. By Caroline Valetkevitch.
Wall Street was mostly higher on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell - while shock U.S. jobless claims figures rekindled concern over the labor market and dragged the dollar and Treasury yields lower. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
Wall Street was mostly higher on Thursday - the Dow and Russell 2000 indices hit new highs but the Nasdaq fell - while shock U.S. jobless claims figures rekindled concern over the labor market and dragged the dollar and Treasury yields lower. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
* Jobless claims rise, volatility attributed to seasonal factors. * 10-yr yield on track for biggest two-day drop in two months. * Markets pricing in 24.4% chance of January Fed cut. By Chuck Mikolajczak.
* Jobless claims rise, volatility attributed to seasonal factors. * 10-yr yield on track for biggest two-day drop in two months. * Markets pricing in 24.4% chance of January Fed cut. By Chuck Mikolajczak.
* US borrowing costs drop sharply after data. * ECB policy rates seen stable through 2026. * Markets price a 55% chance of a rate hike in March 2027. * Analysts cautious as euro zone inflation is expected to undershoot. By Stefano Rebaudo.
* Fed outcome less hawkish than expected. * Dollar soft; euro, sterling hit new highs. * Fed to start buying Treasury bills to manage market liquidity. * Souring risk mood sends Aussie, cryptos sliding. * SNB leaves rates steady, franc strong. By Rae Wee and Alun John.
* Souring risk mood sends Aussie, cryptos sliding. * Fed outcome less hawkish than expected. * Dollar soft; euro, sterling hit new highs. * Fed to start buying Treasury bills to manage market liquidity. By Rae Wee.
* Fed outcome less hawkish than feared. * Dollar falls; euro, sterling hit new highs. * Fed to start buying Treasury bills to manage market liquidity. * Souring risk mood sends cryptos sliding. By Rae Wee.
* Fed outcome less hawkish than feared. * Dollar slides; euro, sterling hit new highs. * Fed to start technical buying of Treasury bills to manage market liquidity. By Rae Wee. The dollar fell on Thursday after the Federal Reserve delivered an outlook that was not as hawkish as some had anticipated, giving investors confidence to short the currency as they bet on two more rate cuts next year.
Major stock indexes jumped while U.S. Treasury yields declined on Wednesday after the Federal Reserve cut interest rates as expected and investors remained hopeful about further cuts ahead, even as the central bank signaled?it will likely pause reductions for now. The U.S. dollar was lower against major currencies.
The Federal Reserve's move to expand its balance sheet again by buying Treasury bills is expected to ease money-market strains, calming investor worries that years of bond-portfolio runoff had drained too much liquidity from the financial system.
* * Two-year yield poised for biggest drop in two months. * US labor costs rise slightly less than expected. By Chuck Mikolajczak. U.S. Treasury yields fell on Wednesday, after the Federal Reserve cut interest rates but signaled it will likely hold off on further reductions, in a move that was largely anticipated by market participants.
* * Stocks up, dollar stays lower. * Powell says rate policy well positioned. By Caroline Valetkevitch. Major stock indexes added to gains while U.S. Treasury yields extended declines on Wednesday after the Federal Reserve cut interest rates and signalled it will likely pause further reductions in borrowing costs. The U.S. dollar stayed lower.
The Federal Reserve on Wednesday said it would imminently start buying short-dated government bonds to help manage market liquidity levels to ensure the central bank retains firm control over its interest rate target system.
Major stock indexes added to gains while U.S. Treasury yields extended declines on Wednesday after the Federal Reserve cut interest rates and signalled it will likely pause further reductions in borrowing costs. The U.S. dollar stayed lower. However, policymakers have been weighing signs of a cooling labor market against concerns about inflation risks.
* Investors consider Nvidia (NVDA) decision. * Investors cautious ahead of central bank meetings. * Fed rate cut all but certain, focus moves to outlook. By Caroline Valetkevitch. Most major stock indexes dipped, while the dollar and U.S. Treasury yields edged higher on Tuesday before a likely interest rate cut from the Federal Reserve but also possibly hawkish comments from policymakers.
* Job openings rise unexpectedly. * * Market anticipates 'hawkish cut' with higher bar for future cuts. By Chuck Mikolajczak. Most U.S. Treasury yields advanced on Tuesday, erasing earlier declines after a report on the labor market and before a Federal Reserve policy announcement in which the central bank is largely expected to cut interest rates.
* Job openings rise unexpectedly. * * Market anticipates "hawkish cut" with higher bar for future cuts. By Chuck Mikolajczak. U.S. Treasury yields were mostly higher on Tuesday, erasing earlier declines after data on the labor market and ahead of a Federal Reserve policy announcement in which the central bank is largely expected to cut interest rates.
* Dollar unchanged against range of currencies ahead of Fed meeting. * Investor confidence brittle after earthquake strikes Japan. * U.S. Treasury bonds stabilise after three-day selloff. * Yen firmer after five-year JGB auction attracts bids. By Gregor Stuart Hunter and Lucy Raitano.
* Investor confidence brittle after earthquake strikes Japan. * U.S. Treasury bonds stabilise after three-day selloff. * Yen firmer after 5-year JGB auction attracts bids. By Gregor Stuart Hunter and Lucy Raitano.
* US 10-year Treasury yields hit near 2-1/2-month high on Monday. * Analysts expect 'hawkish' US interest rate cut. * 10. By Ishaan Arora. Dec 9 - Gold edged down on Tuesday as investors, having mostly priced in a Federal Reserve rate cut, looked ahead for clues that the U.S. central bank might opt for a gentler-than-expected easing cycle when its two-day policy meeting begins later in the day.
* Investor confidence brittle after earthquake strikes Japan. * U.S. Treasury bonds stabilise after three-day selloff. * Yen firmer after 5-year JGB auction attracts bids. By Gregor Stuart Hunter. SINGAPORE, Dec 9 - The Australian dollar strengthened after the Reserve Bank of Australia kept rates on hold, as markets counted down to the U.S. Federal Reserve's policy meeting later this week.
* US 10-year Treasury yields rise to near 2-1/2 high on Monday. * Analysts expect 'hawkish' US interest rate cut. * 10. By Ishaan Arora. Dec 9 - Gold traded flat on Tuesday as investors had largely priced in a Federal Reserve rate cut, while bracing for signals that the U.S. central bank may pursue a milder-than-expected easing cycle at its two-day policy meeting starting later in the day.
Most major stock indexes dipped, while the dollar and U.S. Treasury yields edged higher on Tuesday before a likely interest rate cut from the Federal Reserve but also possibly hawkish comments from policymakers. Treasury yields and the dollar gained after the release of U.S. labor market data, which showed U.S. job openings increased modestly in October while hiring remained subdued.
* Investor confidence wary as tsunami warnings downgraded. * U.S. Treasury bonds stabilise after three-day losing streak. * Reserve Bank of Australia decision due at 0330 GMT. By Gregor Stuart Hunter.
Apprehension ahead of the Federal Reserve's policy decision later this week weighed on Wall Street on Monday, while continued selling in U.S. Treasuries pushed the 30-year yield to its highest in three months. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today. Today's Key Market Moves.
Apprehension ahead of the Federal Reserve's policy decision later this week weighed on Wall Street on Monday, while continued selling in U.S. Treasuries pushed the 30-year yield to its highest in three months. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
* Japan earthquake prompts concerns over inflation, economic growth. * Fed expected to announce rate cut on Wednesday. * US Treasury yields rise, with 10-year note reaching highest level since September. By Chuck Mikolajczak.
* Wall Street stocks down early. * Fed expected to deliver rate cut on Wednesday. * Rates set to stay on hold in Canada, Switzerland, Australia. By Caroline Valetkevitch. U.S. Treasury yields rose and the dollar gained against the Japanese yen on Monday as investors assessed the potential impact of a strong earthquake in Japan, while major stock indexes were slightly lower.
* Indexes off: Dow 0.35%, S&P 500 0.32%, Nasdaq 0.18% * Paramount Skydance (PSKY) launches a hostile bid for Warner Brothers. * Confluent jumps after report IBM nears $11 bln buyout deal. * Oppenheimer sets Street-high 8,100 S&P 500 target for 2026. By Johann M Cherian and Pranav Kashyap.
* Japan earthquake prompts concerns over inflation, economic growth. * Fed expected to announce rate cut on Wednesday. * US Treasury yields rise, with 10-year note reaching highest level since September. By Chuck Mikolajczak.
Wall Street's main indexes closed lower on Monday, with most S&P 500 industry sectors in the red, while Treasury yields gained as investors waited nervously for the Federal Reserve monetary policy update due in two days. ???. Hopes for a December rate cut were solidified after last week's data that showed consumer spending increased moderately toward the end of the third quarter.
U.S. Treasury yields and the dollar gained on Monday as investors prepared for this week's Federal Reserve meeting, with investors widely expecting an interest rate cut, while major stock indexes were lower. Investors also assessed the potential impact of a powerful magnitude 7.6 earthquake that shook Japan's northeast region.
* Inflation print as expected; market reaction muted. * US consumer sentiment improves in early December. * Fed poised to cut 25 bps next week. * US 10-year yields hit largest weekly rise since April. * US two-year yields post biggest weekly increase since October. By Gertrude Chavez-Dreyfuss.
* U.S. 10-year Treasury yields at near two-week high. * U.S. unemployment benefit claims drop to over three-year low. * PCE data for September due at 1500 GMT. By Ishaan Arora. Gold prices rose on Friday, buoyed by a softer dollar as investors braced for U.S. inflation data that may set the tone for the Federal Reserve's interest-rate policy meeting next week.
* U.S. 10-year Treasury yields at near two-week high. * U.S. unemployment benefit claims drop to over three-year low. * PCE data for September due at 1500 GMT. By Ishaan Arora.
* US 10-year Treasury yields at near two-week high. * US unemployment benefit claims drop to over three-year low. * PCE data for September due at 1500 GMT. By Ishaan Arora. Dec 5 - Gold held flat on Friday, as higher U.S. Treasury yields blunted the lift from a weaker dollar, with investors awaiting key inflation data for signals on the Federal Reserve's path ahead of next week's meeting.
Gold prices held steady on Friday, as
rising U.S. Treasury yields offset support from a weaker dollar,
while markets awaited U.S. inflation data later in the day for
clues into the Federal ...
Wall Street's big three indices were little changed on Thursday, while the dollar and Treasury yields rose, after a surprisingly strong U.S. labor market indicator called into question how much lower the Fed will cut interest rates next year. More on that below. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
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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