Bond investors are keeping a defensive but neutral stance in managing portfolios ahead of this week's Federal Reserve policy meeting, which is being eclipsed by the too-close-to-call U.S. presidential election.
Bond investors are keeping a defensive but neutral stance in managing portfolios ahead of this week's Federal Reserve policy meeting, which is being eclipsed by the too-close-to-call U.S. presidential election.
Empire Communities Corp. announced today that it has closed its offering, on a private placement basis, of CAD$225 million aggregate principal amount of 7.625% senior unsecured notes due November 1, 2029.
The Bridging the Dream Scholarship for High School Seniors Provides $10,000 to Students from Under-resourced and Underrepresented Communities In celebration of National Scholarship Month, Sallie Mae today announced the newest recipients of its Bridging the Dream Scholarship.
* Iowa poll shows Harris ahead of Trump, weighs on yields. * US 10-year yields on track for largest fall since early Aug. 2. * US two-year yields show biggest decline in two months. * US yield curve bull flattens. * US Treasury to sell three-year notes in auction. By Gertrude Chavez-Dreyfuss and Alun John.
Derek Manky, Chief Security Strategist and VP of Global Threat Intelligence at Fortinet (FTNT) ?In today?s interconnected world, the fight against cybercrime requires a unified front.
The British pound bounced against a tepid dollar on Monday ahead of high-stakes events this week that include U.S. elections and a Bank of England interest rate decision. Sterling rose 0.4% to $1.297, coming off of its longest string of weekly losses in nearly six years.
The Philadelphia-based university straddles the higher education and healthcare sectors, but market demand suggests it's greater than the sum of its parts.
Spain's economy has outperformed Germany and France this year as international tourism climbs to record highs . But its strong economic performance may be curtailed by the worst flooding in decades. The country?s gross domestic product expanded by 3.4% year-on-year in Q3, compared to 3.2% in Q2, the National Statistics Institute reported on Wednesday.
- U.S. equity funds saw substantial outflows in the week to Oct. 30 as investors exercised caution ahead of Tuesday's presidential election and a Federal Reserve policy decision on Wednesday. According to LSEG data, investors divested a net $5.83 billion worth of U.S. equity funds during the week, the most since the seven days to Sept. 25.
U.S. equity funds saw substantial outflows in the week to Oct. 30 as investors exercised caution ahead of Tuesday's presidential election and a Federal Reserve policy decision on Wednesday. According to LSEG data, investors divested a net $5.83 billion worth of U.S. equity funds during the week, the most since the seven days to Sept. 25.
BETHESDA,?Md., Nov. 4, 2024 Centrus Energy Corp. (LEU) today announced its intention to offer, subject to market conditions and other factors, $350 million aggregate principal amount of Convertible Senior Notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
U.S. stocks closed slightly lower after a choppy session on Monday, as investors prepared for a crucial week in which Americans will elect a new president and the Federal Reserve will announce its policy statement. Presidential candidates Donald Trump and Kamala Harris both scrambled for an edge in the last full day of a race that polls show as extremely close.
Investors withdrew money from global equity funds in the week ended Oct. 30, amid caution ahead of Tuesday's U.S. presidential election and the Federal Reserve's policy decision later in the week. Investors pulled a net $2.65 billion from global equity funds during the week, marking the first week of net sales since Sept. 25.
A look at the day ahead in U.S. and global markets from Mike Dolan. With even the Federal Reserve meeting in the shade of Tuesday's election, markets have little to go other than last-minute opinion polls that tilt the tight White House race either way, and Iowa did just that over the weekend.
A look at the day ahead in U.S. and global markets from Mike Dolan With even the Federal Reserve meeting in the shade of Tuesday's election, markets have little to go other than last-minute opinion polls that tilt the tight White House race either way, and Iowa did just that over the weekend.
* Milei on track for zero fiscal deficit, has slashed spending. * Central bank adds $19 billion to foreign currency reserves. * Inflation slows from 25% to 3.5% monthly, interest rates drop. By Hernan Nessi.
India's manufacturing growth gained momentum in October after decelerating for three months as demand improved significantly, helping in job creation and leading to a better business outlook, according to a business survey released on Monday.
Euro zone manufacturing showed some signs of stabilisation in October as while activity contracted for a 28th month it did so at a shallower pace, according to a survey which showed an ongoing decline in demand had also eased.
The 10-year U.S. Treasury yield fell sharply on Monday as traders looked to square some positions ahead of Tuesday's presidential election, moves shaped in part by a poll showing Democratic candidate Kamala Harris with a surprise lead in Iowa.
* Dollar down as dealers ponder election probabilities. * Fed and BoE priced to cut by 25 bps, Riksbank by 50 bps. * Eyes on possible China fiscal stimulus this week. By Wayne Cole.
* Dollar down as dealers ponder election probabilities. * Fed and BoE priced to cut by 25 bps, Riksbank by 50 bps. * Eyes on possible China fiscal stimulus this week. By Wayne Cole.
* Dollar down early as dealers ponder election probabilities. * Fed and BoE priced to cut by 25 bps, Riksbank by 50 bps. * Eyes on possible China fiscal stimulus this week. By Wayne Cole.
The dollar softened and stocks fell on Monday as investors treaded carefully hours before the U.S. presidential election, with a U.S. Federal Reserve interest-rate cut also expected later in the week. In the U.S. presidential race, Democratic candidate Kamala Harris and Republican candidate Donald Trump remain virtually tied in opinion polls ahead of Tuesday's vote.
The dollar slipped in Asia on Monday as investors braced for a potentially pivotal week for the global economy as the United States chooses a new leader and, probably, cuts interest rates again with major implications for bond yields. The euro rose 0.4% to $1.0876 but faces resistance around $1.0905, while the dollar dipped 0.3% on the yen to 152.45 yen.
* Dollar down early as dealers ponder election probabilities. * Fed and BoE priced to cut by 25 bps, Riksbank by 50 bps. * Eyes on possible China fiscal stimulus this week. By Wayne Cole.
- A look at the day ahead in Asian markets. Global markets will be overwhelmingly dominated by the U.S. presidential election and interest rate decision later this week, so Monday's activity may be driven by position adjustments as investors take in the latest polls, newsflow, earnings and economic indicators.
A look at the day ahead in Asian markets. If Friday's moves are any guide, Monday promises to be something of a rollercoaster with no clear, unifying signal. But Wall Street shrugged off any political or deficit fears. Can this 'risk on' sentiment prevail with the U.S. election so close, and with bond yields on the rise not just in the US but around the world?
-Australia's Westpac Banking Corp (WEBNF) on Monday reported a fall in annual profit, and said it expects solid demand for housing and business credit in 2025 as the country's central bank looks to shift to an easing stance. "Some central banks have shifted to an easing cycle and the RBA is likely to follow in 2025. It also increased its buyback program by A$1 billion.
A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve offers more insight on the path of interest rates at its monetary policy meeting. The Nov. 5 vote culminates an election cycle that has captivated the country and sparked swings in corners of financial markets.
A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve offers more insight on the path of interest rates at its monetary policy meeting. The Nov. 5 vote culminates an election cycle that has captivated the country and sparked swings in corners of financial markets.
* U.S. stocks end higher. * * Nvidia (NVDA) will be added to Dow Jones Industrial Average. By Caroline Valetkevitch. Global stock indexes climbed on Friday with Amazon.com (AMZN) shares rallying following the company's stronger-than-expected results, while 10-year Treasury yields hit a four-month high as investors grew wary of buying bonds before the U.S. presidential election on Tuesday.
Issuance will "not completely disappear, but will adjust to its seasonal norm from the record-breaking pace of the past several months," said Barclays (JJCTF)' Mikhail Foux.
* U.S. stocks end higher. * * Oil up on reports Iran preparing a strike on Israel. By Caroline Valetkevitch. Global stock indexes climbed on Friday with Amazon.com shares rallying following the company's stronger-than-expected results, while benchmark 10-year Treasury yields rose as investors digested a weak U.S. jobs report. Amazon.com shares jumped 6.2% after its report late on Thursday.
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.