News Results

  1. UK consumer morale hits lowest since records began in 1974: GfK
    Reuters | 05/19/22 07:01 PM EDT

    Pessimism weighing on Britain's households has hit unprecedented levels as the cost-of-living crisis pushed confidence in the economic outlook to its joint lowest, a survey showed. Market research firm GfK said consumer morale gauge, dating back to 1974, touched an all-time low of -40 in May from -38 in April.

  2. GBP/USD: Don't Get Too Comfy With Recent Gains
    | 05/19/22 06:10 PM EDT

    GBP/USD look headed for its first weekly gain in four weeks moving into late Thursday trading. UK Q1 GDP data last week proved a real disappointment and March monthly GDP did by even more. Furthermore, the situation with the Northern Ireland protocol still hangs over the pound like the sword of Damocles.

  3. Strong household finances may mean Fed must to do more -Kashkari
    Reuters | 05/19/22 05:49 PM EDT

    - Minneapolis Federal Reserve Bank President Neel Kashkari on Thursday suggested that because household finances are in some cases in better shape than before the pandemic, the Fed may end up needing to raise rates further to bring inflation under control.

    EDGAR SEC Filings | 05/19/22 05:28 PM EDT Filed on: May 19, 2022.

  5. BRIEF-Bank of Canada to auction C$400 million of real return bonds
    Reuters | 05/19/22 04:50 PM EDT

    * BANK OF CANADA TO AUCTION C$400 MILLION OF 0.25% REAL RETURN BONDS DUE 2054 ON MAY 26 Source text for Eikon:

  6. BRIEF-Bank of Canada to auction C$4 billion of 2% bonds due 2032 on May 25
    Reuters | 05/19/22 04:48 PM EDT

    * BANK OF CANADA TO AUCTION C$4 BILLION OF 2% BONDS DUE 2032 ON MAY 25 Source text for Eikon:

  7. Fed nominee Barr 'well positioned' for confirmation after Senate hearing
    SourceMedia Bond Buyer | 05/19/22 04:26 PM EDT

    The Biden administration?s pick for Federal Reserve vice chair for supervision faced questions about climate change, digital assets and the central bank?s independence. But he did not meet the same resistance from Republicans as the White House?s first choice, Sarah Bloom Raskin, observers said.

  8. Constructive secondary tone emerges leading to first drop in yields since April
    SourceMedia Bond Buyer | 05/19/22 04:25 PM EDT

    Refinitiv Lipper reported $2.712 billion of outflows, bringing the total outflows so far in 2022 to $65.8 billion, surpassing the last largest annual outflows of $63.5 billion during the Taper Tantrum in 2013.

  9. AM Best Affirms Credit Ratings of Global Indemnity Group, LLC and Its Subsidiaries
    Business Wire | 05/19/22 03:48 PM EDT

    AM Best has affirmed the Financial Strength Rating of A and the Long Term Issue Credit Rating of ?a? of the U.S. operating subsidiaries of Global Indemnity Group, LLC (GBLI) [NYSE: GBLI]. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb? of Global Indemnity..

  10. TREASURIES-U.S. 10-year yield slides to three-week low as soft data adds to growth fears
    Reuters | 05/19/22 03:32 PM EDT

    U.S. Treasury yields fell on Thursday, with those on benchmark 10-year notes sliding to three-week lows, as continued softness in U.S. economic data fueled growth concerns amid aggressive monetary ...

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.

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