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.
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.
* 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.
The past week in the world of finance was marked by significant developments in the cryptocurrency sector. Standard Chartered Advises Against Buying Crypto Dip Standard Chartered?s Head of Digital Assets Research, Geoffrey Kendrick, cautioned investors against buying the dip in cryptocurrencies until U.S. Treasury yields come lower. Read the full article here.
* 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.
A look at the day ahead in U.S. and global markets from Mike Dolan. With tariff tensions easing a touch for now and price pressures coming off the boil, U.S. Treasury yields have plunged this week - defusing a tense January for bond markets and helping stocks find a foothold in the thick of a noisy earnings season.
A look at the day ahead in U.S. and global markets from Mike Dolan With tariff tensions easing a touch for now and price pressures coming off the boil, U.S. Treasury yields have plunged this week - defusing a tense January for bond markets and helping stocks find a foothold in the thick of a noisy earnings season.
* European shares hit record high. * Bank of England expected to cut interest rates. * Slew of corporate earnings on tap. * Treasury yields ease up from 1-month lows. * Yen strengthens on bets of more BOJ hikes. By Marc Jones.
* Global shares see relief rally. * Slew of corporate earnings on tap. * Treasury yields near lowest in over a month. * Yen strengthens on bets of more BOJ hikes. By Rae Wee and Stephen Culp.
- Foreign investors pulled heavily out of Asian stocks in January, deterred by higher U.S. Treasury yields and rising concerns that regional exports could suffer under additional tariffs from President Donald Trump's administration.
* Global shares see relief rally. * Slew of corporate earnings on tap. * Treasury yields near lowest in over a month. * Yen strengthens on bets of more BOJ hikes. By Rae Wee and Stephen Culp.
Foreign investors pulled heavily out of Asian stocks in January, deterred by higher U.S. Treasury yields and rising concerns that regional exports could suffer under additional tariffs from President Donald Trump's administration.
* Global shares see relief rally. * China sets stronger-than-expected yuan midpoint fixing. * Treasury yields near lowest in over a month. * Yen strengthens on bets of more BOJ hikes. By Stephen Culp and Rae Wee.
* Alphabet earnings weigh on AI stocks. * * Record U.S. imports widens trade gap, services weaken. * Gold hits new peak amid trade tensions. By Stephen Culp. U.S. stocks ended a see-saw session with gains and benchmark Treasury yields slid on Wednesday as disappointing earnings and mixed economic data counterbalanced easing jitters of a spreading global trade war.
* US 10-year yield hits lowest since mid-December. * US two-year yield falls to lowest since December 12. * US two/10-year curve flattens, narrowest gap since December 23. * US Treasury keeps auction sizes unchanged in refunding statement. By Gertrude Chavez-Dreyfuss.
* US 10-year yield hits lowest since mid-December. * US two-year yield falls to lowest since December 12. * US two/10-year curve flattens, narrowest gap since December 23. * US Treasury keeps auction sizes unchanged in refunding statement. By Gertrude Chavez-Dreyfuss.
* Alphabet earnings weigh on AI stocks. * Europe shares helped by Novo Nordisk beat. * Record U.S. imports widens trade gap, services weaken. * Gold hits new peak amid trade tensions. By Stephen Culp.
* Alphabet earnings weigh on AI stocks. * * Record U.S. imports widens trade gap, services weaken. * Gold hits new peak amid trade tensions. By Stephen Culp. Wall Street struggled for direction and benchmark Treasury yields slid on Wednesday as disappointing earnings and mixed economic data counterbalanced easing jitters of a spreading global trade war.
* US 10-year yield hits lowest since mid-December. * US two-year yield falls to lowest since Dec. 12. * US two/10-year yield curve flattens, narrowest gap since Dec. 23. By Gertrude Chavez-Dreyfuss.
U.S. stocks ended a see-saw session with gains and benchmark Treasury yields slid on Wednesday as disappointing earnings and mixed economic data counterbalanced easing jitters of a spreading global trade war.
U.S. stocks ended a see-saw session with gains and benchmark Treasury yields slid on Wednesday as disappointing earnings and mixed economic data counterbalanced easing jitters of a spreading global trade war.
* Dollar loses out to yen, Treasury yields ease. * Wall St futures dip after Alphabet earnings disappoint. * Gold at record; Europe stocks helped by Novo Nordisk beat. * Gold hits new peak amid trade tensions. By Wayne Cole and Amanda Cooper.
* Dollar loses out to yen, Treasury yields ease. * Wall St futures dip after Alphabet earnings disappoint. * Gold at record; Europe stocks helped by Novo Nordisk beat. * Gold hits new peak amid trade tensions. By Wayne Cole and Amanda Cooper.
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.