* Markets expected to move on Powell's comments on Wednesday, new labor market data. * JOLTs report showed moderate increase in job openings. * ADP National Employment data due on Wednesday and nonfarm payrolls on Friday. * Turmoil in South Korea increased demand for low-risk assets, including treasuries. * By Tatiana Bautzer.
Longer-dated U.S. Treasury yields rose on Tuesday after labor market data showed faster than expected job creation, but demand kept high as investors seeking safe haven from geopolitical uncertainty in Asia bought Treasuries. U.S. job openings increased moderately in October while layoffs declined, suggesting the labor market continued to slow in an orderly fashion.
* Focus on Friday's non-farm payrolls report. * Benchmark US 10-year Treasury yields drop to late Oct lows. * JP Morgan forecasts gold climbing toward $3,000/oz in 2025. By Sherin Elizabeth Varghese.
* Fed likely to deliver 25bp rate cut in Dec -UBS. * US job openings data due at 1500 GMT. * Fed's Waller says inclined to cut rates in December. * Benchmark US 10-year Treasury yields near late Oct lows. By Daksh Grover.
* Fed's Waller says inclined to cut rates in December meeting. * Chances of 25-bp easing rises after Waller's remarks. * Focus on raft of U.S. employment data this week. By Tatiana Bautzer.
U.S. Treasury yields rose on Monday as data showed manufacturing activity improved in November, with orders growing for the first time in eight months and factories facing significantly lower prices for inputs. The yield on the benchmark U.S. 10-year Treasury note rose 2.7 basis points to 4.221%, paring back an earlier sharper rise.
U.S. Treasury yields dropped amid thin trading during the holiday-shortened market session on Friday, extending a weekly bond rally spurred by optimism about the new U.S. Treasury secretary and some respite from inflation concerns.
- U.S. investors poured money into equity funds in the week ended Nov. 27, buoyed by the naming of officials for the new Trump administration and a fall in Treasury yields, which alleviated concerns about the prospects for growth stocks.
U.S. investors poured money into equity funds in the week ended Nov. 27, buoyed by the naming of officials for the new Trump administration and a fall in Treasury yields, which alleviated concerns about the prospects for growth stocks.
- Global investors stepped up purchases in equity funds in the week ended Nov. 27, encouraged by prospects of robust U.S. growth under the Trump administration and boosted by cooling treasury yields. Investors pumped a substantial $12.19 billion into global equity funds, a jump of 32% compared with about $9.24 billion worth of net acquisitions in the week before, LSEG Lipper data showed.
Global investors stepped up purchases in equity funds in the week ended Nov. 27, encouraged by prospects of robust U.S. growth under the Trump administration and boosted by cooling treasury yields. Investors pumped a substantial $12.19 billion into global equity funds, a jump of 32% compared with about $9.24 billion worth of net acquisitions in the week before, LSEG Lipper data showed.
Japanese government bond yields fell on Thursday, tracking overnight declines in U.S. Treasury yields, while investors were less cautious about an interest rate hike amid a stronger yen.
* US inflation data sticky but matches estimates. * Bond market reaction muted as economic concerns prevail. * Bets on 25-basis-point Fed rate cut next month rise. * Seven-year auction meets good investor demand. By Davide Barbuscia.
U.S. Treasury yields declined on Wednesday as investors piled into U.S. government bonds following weak consumer sentiment surveys in Europe, while U.S. inflation concerns took a temporary backseat as data came in line with estimates. Data on Wednesday showed German consumer sentiment dropped more than expected, while French consumer confidence fell to a five-month low in November.
-MSCI's global equities index edged lower and the dollar slipped with Treasury yields on Wednesday as investors digested the latest economic data and the potential impact of policies from the incoming U.S. administration, including tariff threats.
-MSCI's global equities index edged lower and the dollar slipped with Treasury yields on Wednesday as investors digested the latest economic data and the potential impact of policies from the incoming U.S. administration, including tariff threats.
U.S. Treasury yields rose on Tuesday, as a sharp bond rally lost momentum and investors assessed U.S. President-elect Donald Trump's tariff pledges. Trump said on Monday he would impose tariffs on products from Canada, Mexico and China, sparking volatility as investors braced for trade disputes.
Japanese government bond yields declined on Tuesday, tracking an overnight fall in U.S. Treasury yields as investors awaited fresh market signals. The 10-year JGB yield was last down 1 basis point at 1.06%, while 10-year JGB futures rose 0.08 points to 142.93 yen.
* Investors welcome Bessent as US Treasury secretary pick. * Wall Street indexes up: S&P 500, Dow hit records. * Dollar, US Treasury yields, oil prices all fall. By Sin?ad Carew and Nell Mackenzie.
* Treasuries rally as investors see Bessent as fiscal hawk. * Dollar eases from two-year high, due some consolidation. * Market sees more policy easing from ECB, less from Fed. By Alden Bentley, Medha Singh and Wayne Cole.
* Yields drop sharply on Trump's Treasury Secretary choice. * Rally gets a boost from short covering and strong auction. * Key yield curve inverts on easing fiscal concerns. By Davide Barbuscia.
Latin American currencies saw a boost on Monday, as the global rally of the dollar paused and U.S. Treasury yields dipped following the nomination of Wall Street veteran Scott Bessent as ...
* Investor Scott Bessent named as US Treasury Secretary. * Wall St indexes up: S&P 500, Dow hit records. * Dollar, US Treasury yields, oil prices all fall. By Sin?ad Carew and Nell Mackenzie.
U.S. Treasury yields declined sharply on Monday as investors speculated on a more moderate than feared U.S. fiscal trajectory after hedge fund manager Scott Bessent was nominated as U.S. Treasury secretary by President-elect Donald Trump on Friday.
A look at the day ahead in U.S. and global markets from Mike Dolan. U.S. Treasury yields slipped back on Monday after Wall Street money manager Scott Bessent got the nod to be the next Treasury Secretary, with markets hoping his take on tax cuts and tariffs may at least be sensitive to edgy investor concerns.
A look at the day ahead in U.S. and global markets from Mike Dolan. U.S. Treasury yields slipped back on Monday after Wall Street money manager Scott Bessent got the nod to be the next Treasury Secretary, with markets hoping his take on tax cuts and tariffs may at least be sensitive to edgy investor concerns.
Treasuries rallied in London trade on Monday as bond investors cheered the selection of fund manager Scott Bessent as a candidate for U.S. Treasury secretary, reckoning on a steady hand on government finances. Bessent is seen as a voice for markets in incoming U.S. President Donald Trump's administration and as a fiscal conservative who would keep a leash on U.S. deficits.
Euro area government bond yields fell on Monday as U.S. yields dropped after President-elect Donald Trump picked fund manager Scott Bessent as U.S. Treasury secretary, who is expected to keep a leash on U.S. debt.
Japan's 10-year government bond yield slipped on Monday, tracking U.S. Treasury bond yield declines following the selection of fund manager Scott Bessent as the next U.S. Treasury secretary.
Treasuries rallied in the Asian session on Monday as bond investors cheered the selection of Scott Bessent as U.S. Treasury secretary, reckoning on a steady hand on government finances. A fund manager, Bessent is seen as a voice for markets in incoming U.S. President Donald Trump's administration and as a fiscal conservative likely to want to keep a leash on U.S. deficits.
The dollar backpedaled from two-year highs on Monday, while U.S. Treasury markets cheered Donald Trump's pick of hedge fund manager Scott Bessent for the U.S. Treasury secretary, trusting he will be more fiscally disciplined than investors had been fearing.
* Treasuries rally as investors see Bessent as fiscal hawk. * Dollar eases from two-year high, due some consolidation. * Market sees more policy easing from ECB, less from Fed. By Wayne Cole.
A look at the day ahead in Asian markets. America's divergence with the rest of the world - manifested in the strength of the U.S. dollar, the relentless rally on Wall Street and the significant rise in Treasury yields - is becoming more entrenched by the week. The dollar has risen eight weeks in a row and on Friday hit a two-year high.
Longer-dated U.S. Treasury yields slipped on Friday as investors awaited fresh data that will offer further clues on Federal Reserve policy and continued to assess how the policies of the Donald Trump administration will affect the economy next year. The next major clues on the economy will be November's jobs and inflation data due in early December.
U.S. Treasury yields slipped on Friday as investors awaited fresh data that will offer further clues on Federal Reserve policy and continued to assess how the policies of the Donald Trump administration will affect the economy next year. The next major clues on the economy will be November's jobs and inflation data due in early December.
Global stocks registered a strong weekly gain on Friday while U.S. Treasury yields slipped as markets eyed President-elect Donald Trump's likely policies and their impact on the U.S. economy, even as bitcoin traded near the $100,000 threshold. Traders are bracing for Trump's agenda after he takes office in January, which is expected to include tariffs, tax cuts and deregulation.
U.S. Treasury yields gained on Thursday as traders awaited fresh data that will offer further clues on Federal Reserve policy, after the U.S. government bonds earlier drew a safe-haven bid on news of a Russian missile attack on Ukraine.
U.S. Treasury yields slipped on Thursday, drawing safe-haven bids on news of a Russian missile attack on Ukraine and after a mixed set of economic data showing the world's largest economy is gradually slowing.
U.S. Treasury yields moved higher on Wednesday as the Treasury Department saw weak demand in an auction and traders assessed when the Federal Reserve may pause its interest rate cutting cycle as U.S. economic growth remains above expectations.
U.S. Treasury yields moved higher on Wednesday and benchmark 10-year yields consolidated near a more than five-month high as investors weighed when the Federal Reserve may pause its interest rate cutting cycle as U.S. economic growth remains above expectations.
U.S. Treasury yields fell on Tuesday as investors bought safe-haven U.S. government bonds on concerns about escalating geopolitical tensions after Ukraine sent U.S. missiles into Russian territory for the first time. Ukraine used U.S. ATACMS missiles to strike Russia, Moscow said, in an attack regarded by Russia as a major escalation on the war's 1,000th day.
A look at the day ahead in U.S. and global markets from Mike Dolan. U.S. Treasuries got a rare lift on Tuesday, with speculation about Donald Trump's pick for Treasury Secretary centering on a relatively familiar face of Kevin Warsh just as a geopolitical "safety bid" was stoked by nuclear sabre-rattling from Russia.
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. Treasuries got a rare lift on Tuesday, with speculation about Donald Trump's pick for Treasury Secretary centering on a relatively familiar face of Kevin Warsh just as a geopolitical "safety bid" was stoked by nuclear sabre-rattling from Russia.
* S&P 500, Nasdaq finish higher. * Gold prices rise as US dollar index edges lower. * Oil prices settle up 3% * Benchmark 10-year Treasury yields lose ground. By Chibuike Oguh and Samuel Indyk. NEW YORK/LONDON, Nov 18 - Global shares rose on Monday while the U.S. dollar fell but still traded near one-year highs as traders pared expectations of future interest-rate cuts by the Federal Reserve.
Foreign holdings of U.S. Treasuries increased for the fifth straight month in September and reached a record, data from the Treasury Department showed on Monday. Holdings of U.S. Treasuries by foreigners rose to $8.673 trillion from $8.503 trillion in August. The benchmark 10-year Treasury yield started September at 3.928% and ended the month at 3.802%, a decline of 12.6 basis points.
U.S. Treasury yields edged lower on Monday as traders digested a still-strong U.S. economy and the likely policies of a Donald Trump administration after Republicans won the presidency and control of Congress. Yields rose heading into the Nov. 5 U.S. elections on expectations of a Republican sweep.
* S&P 500, Nasdaq gain in choppy trading. * Gold prices soar as US dollar edges lower. * Oil prices gain 2% * Benchmark 10-year Treasury yields rise. By Chibuike Oguh and Samuel Indyk.
Longer-dated U.S. Treasury yields edged higher on Monday as traders digested a still-strong U.S. economy and the likely policies of a Donald Trump administration after Republicans won the presidency and control of Congress. Yields rose heading into the Nov. 5 U.S. elections on expectations of a Republican sweep.
Euro zone government borrowing costs rose on Monday as U.S. Treasury yields hovered around multi-month highs and markets waited for economic data which could adjust expectations for the European Central Bank's policy rates. Euro area negotiated wage figures are due on Wednesday and regional purchasing manager surveys on Friday.
Euro zone borrowing costs were mixed on Monday, with U.S. Treasury yields settling around their recent highs while a weak economic outlook weighed on expectations for European Central Bank policy rates. Markets awaited data on euro area negotiated wages on Wednesday and PMIs on Friday.
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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