News Results

  1. US STOCKS-Nasdaq and S&P 500 end down after hitting record highs
    Reuters | 11/22/21 04:57 PM EST

    * Financials rally on rate hike expectations. * Higher Treasury yields pressure tech stocks. * Apple (AAPL) hits record high, JPM sees iPhone supply improving. By Ambar Warrick and Noel Randewich.

  2. TREASURIES-Two-year yields rise to pandemic high, curve flattens on Powell nomination
    Reuters | 11/22/21 04:48 PM EST

    U.S. Treasury yields rose on Monday after President Joe Biden announced he would nominate Fed Chairman Jerome Powell to a second term while elevating Fed Governor Lael Brainard to vice chair.

  3. GLOBAL MARKETS-Wall Street retreats from records, U.S. Treasury yields rise
    Reuters | 11/22/21 04:47 PM EST

    Wall Street retreated from record highs on Monday, and shares of lenders rallied as two-year U.S. Treasury yields rose after President Joe Biden tapped Jerome Powell to continue as Federal Reserve chair. European shares were flat, under pressure from fears of a resurgent coronavirus pandemic. The S&P 500 and Nasdaq Composite touched all-time highs before ending lower.

  4. TREASURIES-Two-year yields rise to pandemic high, spreads tighten on Powell nomination
    Reuters | 11/22/21 04:18 PM EST

    U.S. Treasury yields rose on Monday after President Joe Biden announced he would nominate Fed Chairman Jerome Powell to a second term while elevating Fed Governor Lael Brainard to vice chair.

  5. US STOCKS-S&P 500 ends lower after Powell nomination
    Reuters | 11/22/21 04:00 PM EST

    * Financials rally on rate hike expectations. * Higher Treasury yields pressure tech stocks. * Apple (AAPL) at record high, JPM sees iPhone supply improving. By Ambar Warrick and Noel Randewich.

  6. GLOBAL MARKETS-Wall Street, U.S. Treasury yields gain on Powell nomination
    Reuters | 11/22/21 03:26 PM EST

    Wall Street touched records and two-year treasury yields hit a pandemic high on Monday after U.S. President Joe Biden tapped Jerome Powell to continue as Federal Reserve chair, while European shares were under pressure from coronavirus fears.

  7. Investment funds buy $18.193 billion 10-year note in November - U.S. Treasury
    Reuters | 11/22/21 03:10 PM EST

    REUTERS - Large investment managers bought $18.193 billion at a 10-year note auction held in November, compared with the $19.895 billion they purchased the previous month, data from the U.S. Treasury Department released on Monday showed.

  8. US STOCKS-S&P 500 hits record as banks rally on Powell nomination
    Reuters | 11/22/21 02:28 PM EST

    * Financials rally on rate hike expectations. * Nasdaq falls as high Treasury yields pressure tech stocks. * Apple (AAPL) at record high, JPM sees iPhone supply improving. * Indexes: Dow +0.61%, S&P 500 +0.41%, Nasdaq -0.48% By Ambar Warrick and Noel Randewich.

  9. TREASURIES-Two-year yields rise to pandemic high, spreads fall on Powell nomination
    Reuters | 11/22/21 01:36 PM EST

    U.S. Treasury yields rose on Monday after President Joe Biden announced he would nominate Fed Chairman Jerome Powell to a second term while elevating Fed Governor Lael Brainard to vice chair.

  10. US STOCKS-S&P 500 at record high as banks rally on Powell nomination
    Reuters | 11/22/21 12:12 PM EST

    * Financials rally on rate hike expectations. * Nasdaq falls as high Treasury yields pressure tech stocks. * Apple (AAPL) at record high, JPM sees iPhone supply improving. * Fed Governor Lael Brainard to be its vice chair. * Indexes: Dow up 0.86%, S&P up 0.66%, Nasdaq down 0.16% By Ambar Warrick and Devik Jain.

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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