Financial stocks were advancing in late Friday afternoon trading, with the NYSE Financial Index rising 1.3% and the State Street Financial Select Sector SPDR ETF adding 0.9%. The Philadelphia Housing Index popped 3.9%, and the State Street Real Estate Select Sector SPDR ETF was up 1.6%. Bitcoin rose 2.8% to $77,288, and the yield for 10-year US Treasuries dropped 6.3 basis points to 4.246%. In ...
Financial stocks were advancing in late Friday afternoon trading, with the NYSE Financial Index rising 1.3% and the State Street Financial Select Sector SPDR ETF adding 0.9%. The Philadelphia Housing Index popped 3.9%, and the State Street Real Estate Select Sector SPDR ETF was up 1.6%. Bitcoin rose 2.8% to $77,288, and the yield for 10-year US Treasuries dropped 6.3 basis points to 4.246%. In ...
* Iran keeps Strait of Hormuz open during ceasefire. * Traders see increased odds of Fed rate cut. * Warsh faces April 21 confirmation hearing as Fed chair. By Karen Brettell. U.S. Treasury yields fell on Friday as optimism grew that the Iran war may be nearing resolution, easing concerns about a renewed bout of inflation.
* Iranian Foreign Minister says Strait open while ceasefire in place. * Brent hits low of $86.09. * Treasury yields fall, dollar slides. * Trump tells Reuters U.S. will work with Iran on uranium. * S&P 500, Nasdaq hit fresh records, Dow strengthens. By Isla Binnie and Alun John.
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index gaining 1.9% and the State Street Financial Select Sector SPDR ETF climbing 1.8%. The Philadelphia Housing Index jumped 5.1%, and the State Street Real Estate Select Sector SPDR ETF was up 1.6%. Bitcoin popped 3.7% to $77,919, and the yield for 10-year US Treasuries dropped 7.7 basis points to 4.23%. In s...
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index gaining 1.9% and the State Street Financial Select Sector SPDR ETF climbing 1.8%. The Philadelphia Housing Index jumped 5.1%, and the State Street Real Estate Select Sector SPDR ETF was up 1.6%. Bitcoin popped 3.7% to $77,919, and the yield for 10-year US Treasuries dropped 7.7 basis points to 4.23%. In c...
* Iranian Foreign Minister says Strait open while ceasefire in place. * Brent tumbles below $90. * Wall Street advances in the wake of European gains. * Treasury yields fall, dollar slides. * By Isla Binnie and Alun John.
Financial stocks fell in late Thursday afternoon trading with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each easing 0.2%. The Philadelphia Housing Index dropped 0.5%, and the State Street Real Estate Select Sector SPDR ETF rose 0.8%. Bitcoin gained 0.4% to $75,140, and the yield for 10-year US Treasuries advanced 2.7 basis points to 4.309%. In economic news,...
Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each easing 0.1%. The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.8%. Bitcoin was increasing 0.4% to $75,140, and the yield for 10-year US Treasuries rose 2.7 basis points to 4.309%....
* Middle East conflict and tariffs fuel inflation concerns, oil prices rise. * Labor market shows stability, but softening could prompt Fed to ease policy. * Fed funds futures now price less than 50% chance of rate cut by year-end. By Karen Brettell.
Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index decreasing 0.3% and the State Street Financial Select Sector SPDR ETF shedding 0.2%. The Philadelphia Housing Index was fractionally higher, and the State Street Real Estate Select Sector SPDR ETF was adding 0.6%. Bitcoin was declining 0.9% to $74,152, and the yield for 10-year US Treasuries was rising 2.3 ...
Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index decreasing 0.1% and the State Street Financial Select Sector SPDR ETF shedding 0.3%. The Philadelphia Housing Index was fractionally higher, and the State Street Real Estate Select Sector SPDR ETF was adding 0.6%. Bitcoin was declining 0.9% to $74,152, and the yield for 10-year US Treasuries was rising 2.3 ...
* US optimistic about deal with Iran. * Dollar, US Treasury yields ease. * Traders see 29% chance of US rate cut in December. By Noel John. Gold prices rose on Thursday, supported by a weaker dollar and lower U.S. Treasury yields, as investors grew optimistic about a potential end to the Middle East war, which has stoked fears of higher inflation.
Financial stocks were mixed in late Wednesday afternoon trading, with the NYSE Financial Index shedding 0.1% and the State Street Financial Select Sector SPDR ETF adding 0.9%. The Philadelphia Housing Index was falling 2%, and the State Street Real Estate Select Sector SPDR ETF was decreasing 0.1%. Bitcoin was rising 1.5% to $75,233, and the yield for 10-year US Treasuries increased 2.5 basis p...
Financial stocks were mixed in late Wednesday afternoon trading, with the NYSE Financial Index shedding 0.1% and the State Street Financial Select Sector SPDR ETF adding 0.9%. The Philadelphia Housing Index was falling 2%, and the State Street Real Estate Select Sector SPDR ETF was decreasing 0.1%. Bitcoin was rising 1.5% to $75,233, and the yield for 10-year US Treasuries increased 2.5 basis p...
* US-Iran talks could resume soon, officials say. * Adding duration to bond portfolio makes sense, analyst says. * Oil flows will not normalize anytime soon, analyst says. * US 2/10 yield curve bear steepens. By Gertrude Chavez-Dreyfuss.
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index up 0.4% and the State Street Financial Select Sector SPDR ETF adding 0.9%. The Philadelphia Housing Index was falling 2.1%, and the State Street Real Estate Select Sector SPDR ETF was decreasing 0.2%. Bitcoin was shedding 0.2% to $74,031, and the yield for 10-year US Treasuries was rising 2.7 basis poi...
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index up 0.4% and the State Street Financial Select Sector SPDR ETF adding 0.9%. The Philadelphia Housing Index was falling 2.1%, and the State Street Real Estate Select Sector SPDR ETF was decreasing 0.2%. Bitcoin was shedding 0.2% to $74,031, and the yield for 10-year US Treasuries was rising 2.7 basis poi...
Government of Canada 30-year bonds have remained in a richer range to their United States Treasury counterparts year-to-date, failing to push well beyond the 100 bps differential, notes National Bank of Canada. While the near-term outlook is "muddied," the bank still sees scope for broader GoC outperformance on the back of a more favorable fiscal footing.
Financial stocks were higher in late Tuesday afternoon trading with the NYSE Financial Index rising 0.5%, and the State Street Financial Select Sector SPDR ETF increasing 0.4%. The Philadelphia Housing Index rose 0.6%, and the State Street Real Estate Select Sector SPDR ETF climbed 1%. Bitcoin shed 0.3% to $74,210, and the yield for 10-year US Treasuries fell 4.1 basis points to 4.256%. In econ...
* US-Iran talks in Islamabad may resume, calming oil markets. * US PPI up less than expected; little impact on bond market. * Fed rate cut expectations fade, yield curve flattens. By Gertrude Chavez-Dreyfuss.
Financial stocks were higher in late Tuesday afternoon trading with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF increasing 0.4%. The Philadelphia Housing Index rose 0.6%, and the State Street Real Estate Select Sector SPDR ETF climbed 1%. Bitcoin shed 0.3% to $74,210, and the yield for 10-year US Treasuries fell 4.1 basis points to 4.256%. In corpo...
Financial stocks were higher in Tuesday afternoon trading with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF increasing 0.2%. The Philadelphia Housing Index rose 0.4%, and the State Street Real Estate Select Sector SPDR ETF climbed 0.5%. Bitcoin increased 0.4% to $74,730, and the yield for 10-year US Treasuries fell 2.3 basis points to 4.27%. In econ...
Financial stocks advanced in Tuesday afternoon trading with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF gaining 0.2%. The Philadelphia Housing Index rose 0.4%, and the State Street Real Estate Select Sector SPDR ETF climbed 0.5%. Bitcoin increased 0.4% to $74,730, and the yield for 10-year US Treasuries fell 2.3 basis points to 4.27%. In corporate ...
* US-Iran talks in Islamabad may resume, calming oil markets. * US PPI up less than expected; little impact on bond market. * Fed rate cut expectations fade, yield curve flattens. By Gertrude Chavez-Dreyfuss.
Bond investors are doubling down on so-called "curve steepener" trades that are bullish on short-dated U.S. Treasuries but bearish on the long end, reflecting expectations that the Federal Reserve will eventually resume cutting interest rates.
* Iran threatens strikes on Gulf ports. * Investors see few alternatives to Treasuries -analyst. * US home sales hit nine-month low, overshadowed by Iran conflict. * US rate futures price out rate cut this year. By Gertrude Chavez-Dreyfuss.
Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF adding 1%. The Philadelphia Housing Index was increasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF was shedding 0.2%. Bitcoin was rising 2.3% to $72,375, and the yield for 10-year US Treasuries was slightly lower at 4.30...
Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF adding 1%. The Philadelphia Housing Index was increasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF was shedding 0.2%. Bitcoin was rising 2.3% to $72,375, and the yield for 10-year US Treasuries was slightly lower at 4.30...
Commerzbank in its "European Sunrise" note of Monday highlighted: Markets: United States Treasury yields opened higher across the curve in Asia, slowly started consolidating in early trading. Federal Reserve seeking details on U.S. banks' exposure to private credit firms. U.S.: President Donald Trump has promised mass pardons to top administration officials before leaving office.
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.