News Results

  1. Nasdaq, After Pivoting Crypto Ambitions to Tokenized T-bills, Sees Staffers Exit Amid Delays: Sources
    Coindesk | 05/15/24 11:43 AM EDT

    After ending its crypto custody plan, Nasdaq pivoted to tokenized U.S. Treasuries, but progress was too sluggish for some now-former employees, a person familiar with the matter said.

  2. Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors
    Coindesk | 04/22/24 05:04 AM EDT

    The Woo X RWA Earn Vaults have been built in partnership with institutional tokenization firm OpenTrade.

  3. Analyst Who Called Bitcoin's Pre-Halving Rally to $70K Turns Bearish
    Coindesk | 04/16/24 01:50 AM EDT

    Markus Thielen, founder of 10x Research, has de-risked his portfolio in the wake of rising Treasury yields.

  4. Bitcoin Back Down to $66K as Rising Treasury Yields Catch Investor Interest
    Coindesk | 04/03/24 01:06 AM EDT

    Prediction markets and CME's Fed Watch Tool have virtually ruled out a rate cut until later this year

  5. Over $1B in U.S. Treasury Notes Has Been Tokenized on Public Blockchains
    Coindesk | 03/28/24 06:48 AM EDT

    Tokenized Treasuries are digital representations of U.S. government bonds that can be traded as digital tokens on the blockchain.

  6. Bitcoin Logs Biggest Single-Day Gain Since October, Market-Neutral Bets Yield 3x U.S. Treasury Notes
    Coindesk | 02/29/24 12:46 AM EST

    The attractive yield on the market-neutral cash and carry trade could draw more money to the crypto market.

  7. Bitcoin's Latest Rally Is Different as BTC Rises Alongside U.S. Dollar and Treasury Yields
    Coindesk | 02/16/24 06:30 AM EST

    Bitcoin has managed to chalk out a double-digit rally recently, ignoring the strength in the dollar index and Treasury yields.

  8. Cryptodollar Minting Protocol M^0 Will Allow Institutions to Issue Stablecoins Backed by U.S. Treasuries
    Coindesk | 02/08/24 10:00 AM EST

    M^0, a protocol that allows global institutions to mint fungible T-bills backed stablecoins, has unveiled its white paper, website and other details about the protocol. The team, which includes heavy-hitting stablecoin pioneers from MakerDAO and Circle, emerged from stealth last year with a muscular $22.5 million seed round led by Pantera Capital.

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.