The dollar rose on Thursday as U.S. Treasury yields increased and
investors eyed hawkish comments from Federal Reserve officials, while the British pound fell as investors
were left unimpressed by ...
The dollar rose on Thursday as U.S. Treasury yields increased
and investors bet on a relatively hawkish Federal Reserve, while the British pound fell as the UK government
unveiled its latest budget ...
German government bond yields edged up on Thursday, taking their lead from U.S. Treasuries, even after dovish remarks from European Central Bank officials. Last week's U.S. inflation data reinforced the view that the Federal Reserve might slow its pace of policy tightening, but strong retail sales figures on Wednesday offset some of this optimism.
Super long-dated Japanese government bond yields fell to more than two week lows on Thursday, tracking U.S. Treasuries yields lower, amid an auction for 20-year notes. The 20-year JGB yield fell 2.5 basis points to 1.030%, hitting its lowest since Oct 31. The 30-year JGB yield fell 2.5 basis points to 1.410% and the 40-year JGB yield fell 4 basis points to 1.625%, also their lowest since Oct. 31.
Asian stocks were mixed on Thursday while the U.S. dollar stabilized and Treasury yields remained depressed as investors tried to assess the outlook for Federal Reserve policy following stronger-than-expected retail sales data. Renewed expectations the Fed will keep hiking rates have increased concerns about the economic outlook.
The dollar rose on Thursday as U.S. Treasury yields increased and investors eyed hawkish comments from Federal Reserve officials, while the British pound fell as investors were left unimpressed by the UK government's latest budget.
Foreign holdings of Treasuries in September dropped to their lowest level since May 2021, data from the U.S. Treasury Department showed on Wednesday, led by Japan and China whose currencies have struggled all year against a resurgent dollar. Offshore holdings dropped to $7.296 trillion, from $7.509 trillion in August.
Foreign holdings of Treasuries in September dropped to their lowest level since May 2021, data from the U.S. Treasury Department showed on Wednesday, led by Japan and China whose currencies have struggled all year against a resurgent dollar. Offshore holdings dropped to $7.296 trillion, from $7.509 trillion in August.
Banque Saudi Fransi sold $700 million in five-year bonds on Wednesday in the first public dollar bonds out of the Gulf in nearly a month, a bank document showed. The bonds were sold at 170 basis points over U.S. Treasuries, tightened from initial guidance of around 195 bps after orders topped $3 billion. The senior unsecured bonds are expected to be rated "A2" by Moody's and "BBB+" by Fitch.
Long-dated U.S. Treasury
yields fell on Wednesday and the inversion in key parts of the
yield curve deepened after a strong retail sales report boosted
expectations that the Federal Reserve will ...
New York Federal Reserve President John Williams said on Wednesday he still believes monetary policy is not the best tool to address financial stability risks, and that policymakers instead should take action to boost the resilience of things like the U.S. Treasury market.
Banque Saudi Fransi has set the spread at 170 basis points over U.S. Treasuries for five-year dollar-denominated bonds, a bank document showed on Wednesday. The spread was tightened from initial guidance of around 195 bps over the same benchmark after orders topped $3.2 billion, the document showed.
- The average interest rate on the most popular U.S. home loan saw its largest single-week decline since July, dropping back to just below 7%, as signs inflation has passed its peak sent Treasury yields lower, data from the Mortgage Bankers Association showed on Wednesday.
Fears that aggressive Federal Reserve interest rate rises would break the Treasury bond market have failed to come to fruition so far, even as experts say this critical borrowing sector still needs structural reforms to be on its firmest footing. Treasury market liquidity has been hit by the U.S. central bank's sharp move up from near-zero short-term rates in March.
Banque Saudi Fransi received more than $1.5 billion in orders for five-year dollar-denominated bonds expected to price on Wednesday, a bank document showed. Initial price guidance was around 195 basis points over U.S. Treasuries for the bond issue, which was expected to be of benchmark size, which generally means at least $500 million.
Japanese government bond yields fell on Wednesday, tracking U.S. Treasury yields lower, as demand for safe-haven assets increased amid geopolitical tensions after a missile landing in Poland killed two people. The 20-year JGB yield fell 2.5 basis points to 1.045% ahead of an auction for notes with the same maturity in the next session.
U.S. Treasury yields fell
on Tuesday after data showed that inflation rose less than
expected in October and as reports that Russian missiles hit
Poland raised fears about greater geopolitical risks ...
U.S. Treasury yields fell
on Tuesday and hit session lows after data showed that producer
prices rose less than expected in October, adding to
expectations that inflation may have peaked, which could ...
U.S. Treasury yields fell
on Tuesday after data showed that producer prices rose less than
expected in October, adding to expectations that inflation may
have peaked, which could pave the way for ...
- Speculators raised their short positions on two-year Treasury note futures to the most since at least 1990 in the latest week, Commodity Futures Trading Commission data showed on Monday. Net shorts on U.S. two-year note futures rose to 483,273 in the week ending Nov. 8 from 437,785 the previous week.
Speculators raised their short
positions on two-year Treasury note futures to the most since at
least 1990 in the latest week, Commodity Futures Trading
Commission (CFTC) data showed on Monday.
Treasury yields rose on
Monday after Federal Reserve governor Christopher Waller warned
that the U.S. central bank will continue to hike rates as it
battles inflation, dampening hopes that it is ...
U.S. Treasury yields edged up on Monday, unwinding some of last week's big price gains, after a Federal Reserve official said the central bank would not soften its stance on inflation.
A look at the day ahead in European and global markets from Anshuman Daga. Markets have got all excited after last week's rip-roaring rally in global equities, a big tumble in U.S. Treasury yields and a bruising sell-off in the mighty dollar. But don't pop the champagne just yet.
A look at the day ahead in European and global markets from Anshuman Daga. Markets have got all excited after last week's rip-roaring rally in global equities, a big tumble in U.S. Treasury yields and a bruising sell-off in the mighty dollar. But don't pop the champagne just yet.
USD/INR forward premiums rose on Friday after Treasury yields plunged overnight on increasing likelihood that the U.S. Federal Reserve will opt for small rates hikes from December. The USD/INR 1-year implied yield climbed to 2.43%, from 2.31% in the previous session.
U.S. Treasury yields
plunged on Thursday after data showed U.S. inflation cooled in
October, supporting expectations the Federal Reserve could slow
its tightening pace.
* CPI report indicates inflation cool-down. * U.S. indexes sharply higher, Nasdaq up over 6% * Dollar plunges, U.S. Treasury yields slide. * Bitcoin reverses its freefall. By Stephen Culp.
* CPI report indicates inflation cool-down. * U.S. indexes sharply higher, Nasdaq up over 6% * Dollar plunges, U.S. Treasury yields slide. * Bitcoin reverses its freefall. By Stephen Culp.
U.S. Treasury yields
plunged on Thursday after data showed U.S. inflation cooled in
October, supporting expectations the Federal Reserve could slow
its tightening pace.
* CPI report indicates inflation cool-down. * U.S. indexes sharply higher, Nasdaq up over 6% * Dollar plunges, U.S. Treasury yields slide. * Bitcoin reverses its freefall. By Stephen Culp.
U.S. Treasury yields
plunged on Thursday after data showed inflation in the United
States cooled in October, supporting expectations the Federal
Reserve could slow its tightening pace.
* CPI report indicates inflation cool-down. * U.S. indexes sharply higher, Nasdaq up over 5% * Dollar plunges, U.S. Treasury yields slide. * Bitcoin reverses its freefall. (Updates to U.S. market open, changes dateline to NEW YORK, changes byline) By Stephen Culp.
U.S. Treasury yields fell
on Thursday after data showed inflation in the United States
cooled off in October, supporting expectations that the Federal
Reserve could slow its tightening pace.
U.S. stocks surged, the dollar slid and Treasury yields dropped on Thursday after a cooler-than-expected October consumer prices report suggested the Federal Reserve's barrage of interest rate hikes are beginning to have their intended effect.
U.S. stocks surged, the dollar slid and Treasury yields dropped on Thursday after a cooler-than-expected October consumer prices report suggested the Federal Reserve's barrage of interest rate hikes are beginning to have their intended effect.
U.S. stocks jumped, the dollar tanked and Treasury yields tumbled on Thursday as cooler-than-expected inflation data suggested the Federal Reserve's barrage of interest rate hikes are beginning to have their intended effect. All three major U.S. stock indexes notched their biggest one-day percentage advances in about 2-1/2 years in a broad, robust rally.
U.S. yields on the
long end of the curve rose in choppy trading on Wednesday as
results for the midterm elections so far have not shown the
widely-anticipated sweeping "red wave" Republican ...
U.S. Treasury yields
were little changed to slightly lower in choppy trading on
Wednesday as results for the midterm elections so far have not
shown the widely anticipated sweeping "red ...
U.S. Treasury yields traded mostly steady on Wednesday, as the results so far for the mid-term elections did not show the anticipated "red wave" resounding Republican victory that some expected, leaving investors to focus on upcoming inflation data.
- Wall Street ended sharply lower on Wednesday as Republican gains in midterm elections appeared more modest than some expected, with investors also focusing on upcoming inflation data that will provide clues about the severity of future interest rate hikes. Major indexes added to declines as Treasury yields climbed further after a poor auction of 10-year notes by the U.S. Treasury.
Japanese government bond yields sank on Wednesday, in line with U.S. Treasuries, as investors positioned themselves ahead of crucial consumer price data and the outcome of midterm elections. Superlong JGB yields were pressured further from a well-received auction of 30-year bonds during the day.
* Prospect of divided Washington supports equities. * Cryptocurrencies plunge in the wake of apparent liquidity crunch. * Gold breaks $1,700/oz barrier on weakening dollar. * Crude slides due worries of China demand, economic slowdown. By Stephen Culp.
U.S. stocks gyrated and Treasury yields paused on Tuesday as Americans went to the polls and market participants bided their time waiting to see whether Capitol Hill is in for a power shift. An early rally gathered momentum early in the session but lost steam into the afternoon, with the S&P 500 dipping into red and back again. Meanwhile, gold prices surged against the weakening dollar.
* Graphic: Global asset performance http://tmsnrt.rs/2yaDPgn. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. (Updates to U.S. market open, changes dateline to NEW YORK, changes byline) By Stephen Culp.
U.S. Treasury yields drifted lower on Tuesday, moving within
narrow ranges, as investors awaited U.S. inflation data that
could show some deceleration for October and ahead of midterm
elections ...
U.S. Treasury yields edged lower in London trade on Tuesday as investors await the outcome of the midterm elections that will determine control of Congress. Markets will also closely watch consumer price data for October, due on Thursday, for indications about the Federal Reserve's future monetary policy path.
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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