WASHINGTON, Nov. 19, 2024 Fannie Mae today announced its?2025 Benchmark Securities? Issuance Calendar. The 2025 Benchmark Securities Calendar identifies at least one calendar day per month for a Fannie Mae Benchmark Notes? announcement. On a weekly basis, Fannie Mae also has the option to auction Benchmark Bills? with maturities of one year or less.
* Single-family housing starts drop 6.9% in October. * Homebuilding declines sharply in the South and Northeast. * Single-family building permits increase 0.5% By Lucia Mutikani.
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.
The new product aims to give access to T-Bill investments for individuals and organizations who were previously unable to invest in these products, the press release said.
* Monthly CPI up 0.4% after two consecutive months of decline. * BoC's core measures CPI-median and CPI-trim also edge up. * Money markets see 26% chance of a 50bps rate cut on Dec. 11. By Promit Mukherjee and Ismail Shakil.
Cuba's former central bank on Tuesday lost its bid to throw out a London lawsuit brought by a creditor over unpaid loans worth around 70 million euros. Investment firm CRF I Ltd sued Cuba and its former central bank Banco Nacional de Cuba in 2020, over two loans that were originally granted to Cuba by European banks in the 1980s.
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
The second phase of the pilot will demonstrate a new set of use cases, such as trade finance; infrastructure development is set to begin in the coming weeks SAN FRANCISCO, Nov. 19, 2024 /PRNewswire/ -- The Central Bank of Brazil has selected Banco Inter alongside Microsoft Brazil, 7COMm and Chainlink to build a trade finance solution as part of the second phase of Brazil's DREX, Brazilian digit...
National House Prices Stabilize After Nine-Month Slowdown ?House Price Growth Nationally Likely to End the Year Not Too Hot, Not Too Cold, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its October 2024 H...
Schwab Asset Management?, the asset management arm of The Charles Schwab Corporation (SCHW), announced the Schwab Mortgage-Backed Securities ETF (SMBS) began trading today. With an expense ratio of 0.03%, the Schwab Mortgage-Backed Securities ETF (SMBS) is priced in line with the lowest-priced peer ETFs based on the U.S. Mortgage Lipper category1.
National House Prices Stabilize After Nine-Month Slowdown ?House Price Growth Nationally Likely to End the Year Not Too Hot, Not Too Cold, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its October 2024 H...
National House Prices Stabilize After Nine-Month Slowdown ?House Price Growth Nationally Likely to End the Year Not Too Hot, Not Too Cold, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its October 2024 H...
National House Prices Stabilize After Nine-Month Slowdown ?House Price Growth Nationally Likely to End the Year Not Too Hot, Not Too Cold, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its October 2024 H...
?House Price Growth Nationally Likely to End the Year Not Too Hot, Not Too Cold, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its October 2024 Home Price Index report.
U.S. single-family homebuilding tumbled in October likely as Hurricanes Helene and Milton depressed activity in the South while permits rose slightly, indicating that an anticipated rebound probably would be muted by higher mortgage rates.
NYLI MacKay DefinedTerm Muni Opportunities Fund (MMD) today announced the final results of a tender offer. As previously announced, the Fund conducted a tender offer allowing shareholders to offer up to 100% of their shares for repurchase for cash at a price per share equal to 100% of the net asset value per share determined on the date the tender offer expires.
U.S. single-family homebuilding tumbled in October as Hurricanes Helene and Milton depressed activity in the South and permits rose slightly, suggesting that a rebound was likely to be muted by higher mortgage rates.
Leaders of the Group of 20 major economies meet on Tuesday to discuss sustainable development and the transition to cleaner energy, as they aim to increase the odds of a successful deal to address global warming at U.N. climate talks in Azerbaijan.
More than 700 small businesses receive support through grants and discounted lending programs in 2024. In recognition of Small Business Saturday on November 30, the Federal Home Loan Bank of Chicago today announced it has invested over $27 million through its Community First? Accelerate Grants for Small Business and its Community Small Business Advance throughout 2024.
Methanex Corporation (MEOH) announced today that its wholly-owned subsidiary, Methanex US Operations Inc., has launched an offering of US$500 million aggregate principal amount of senior unsecured notes due 2032 in a private offering exempt from the registration requirements of the United States Securities Act of 1933, as amended.
The deal, which marks the city's largest special facilities revenue bond issuance, will help finance a terminal project at George Bush Intercontinental Airport.
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.
The Bank of Mexico will likely be able to continue cutting its benchmark interest rate due to the progress made on bringing inflation down, bank governor Victoria Rodriguez told Reuters in an interview. Banxico, as Mexico's central bank is known, lowered its key rate by 25 basis points to 10.25% on Thursday in a unanimous decision by its five-member governing board.
The U.S. dollar edged up on Tuesday to within striking distance of its one-year high as investors closely watch U.S. President-elect Donald Trump's search for a Treasury secretary, which is widening after stalling over the weekend. Among the names now being considered are Apollo Global Management Chief Executive Marc Rowan and former Federal Reserve Governor Kevin Warsh.
China is widely expected to leave its benchmark lending rates unchanged on Wednesday, a Reuters poll showed, as rate cuts a month earlier squeeze banks' profitability and the yuan comes under fresh pressure as Donald Trump returns to the White House.
BEIJING, Nov. 19, 2024 Chinese President?Xi Jinping attended the 19th G20 Summit in Rio de Janeiro on Monday. In his remarks on Fight Against Hunger and Poverty at Session I of the 19th G20 Summit on Monday, Xi called for building a just world of common development.
A look at the day ahead in European and global markets from Kevin Buckland. Signs are positive for European stocks' open, with futures pointing up, and equity indices across most of Asia also in the green.
Japanese government bond yields inched down on Tuesday, as investors were relieved after the Bank of Japan chief did not provide a decisive hint on the timing of the next interest rate hike. The 10-year JGB yield fell 0.5 basis point to 1.065%. The 20-year JGB yield fell 0.5 bp to 1.890%. BOJ Governor Kazuo Ueda on Monday offered few clues on whether the BOJ would raise rates in December.
A look at the day ahead in European and global markets from Kevin Buckland. Signs are positive for European stocks' open, with futures pointing up, and equity indices across most of Asia also in the green.
* More cities likely to follow Beijing and Shanghai. * Some analysts say confidence in major cities' property markets improving. * But more measures seen as needed to boost consumer confidence. By Liangping Gao and Joe Cash.
The International Monetary Fund warned on Tuesday that "tit-for-tat" tariffs could undermine Asia's economic prospects, raise costs and disrupt supply chains even as it expects the region to remain a key engine of growth for the global economy.
Investors are betting a slide in the yen will force a hawkish shift at the Bank of Japan and are shorting bonds, buying bank shares and bracing for rates to rise as soon as next month.
The International Monetary Fund warned on Tuesday that "tit-for-tat" tariffs could undermine Asia's economic prospects, raise costs and disrupt supply chains even as it expects the region to remain a key engine of growth for the global economy.
Brazilian President Luiz Inacio Lula da Silva on Tuesday urged leaders of the Group of 20 major economies to accelerate their national climate targets, calling on them to reach net zero climate emissions five to 10 years ahead of schedule.
MECHANICSBURG, Pa. ?, Nov. 18, 2024 Select Medical Holdings Corporation (SEM), today announced that Select Medical Corporation, a wholly-owned subsidiary of Holdings, has priced a private offering of $550.0 million in aggregate principal amount of its 6.250% senior notes due 2032.
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.