China's central bank said on Tuesday it would maintain "relatively loose" social financing conditions and strengthen the implementation and transmission of monetary policy, as the economy still faces risks and challenges.
* Wage growth slows as expected, unemployment rate increases. * Pound drops against dollar as market prices in more BoE action. * Payrolls data shows sharp drops in October and September. By Andy Bruce and Suban Abdulla.
Weak domestic demand rather than U.S. tariffs is the main reason China is dumping surplus product on European markets at rock-bottom prices at the expense of domestic producers, a European Central Bank study argued on Tuesday. Pressure has been growing on the European Union to act on surging imports from China as U.S. tariffs force Beijing to find new markets for products it now struggles to sell.
Weak domestic demand rather than U.S. tariffs is the main reason China is dumping surplus product on European markets at rock-bottom prices at the expense of domestic producers, a European Central Bank study argued on Tuesday. Pressure has been growing on the European Union to act on surging imports from China as U.S. tariffs force Beijing to find new markets for products it now struggles to sell.
* US Senate passes bill to end shutdown. * Gold hits highest since October 23. * 'FOMO' buying persists amid favourable outlook, analyst says. By Anmol Choubey.
Enterprise Products Partners (EPD) said Monday that it has priced a $1.65 billion public debt offering. The offering consists of $300 million worth of 4.3% senior notes due 2028, $600 million of 4.6% senior notes due 2031, and $750 million of 5.2% senior notes due 2036 at 100.63%, 100.693%, and 101.185% of principal, respectively.
A look at the day ahead in European and global markets from Tom Westbrook. The longest U.S. government shutdown on record looks to be nearly over, and traders are riding the tail end of a wave of relief that began late last week. The Senate approved a compromise that would restore U.S. government funding.
* US Senate passes bill to end shutdown. * Gold hits highest since October 23. * Palladium up more than 1% By Brijesh Patel. Gold prices rose further on Tuesday to hit their highest level in nearly three weeks, helped by growing expectations of another U.S. Federal Reserve interest rate cut in December and signs of an end to the U.S. government shutdown.
KELLOGG, Idaho and VANCOUVER, British Columbia, Nov. 10, 2025 -- Bunker Hill Mining Corp. (BHLL) announces that it has closed the sixth tranche of the previously announced silver loan with Monetary Metals Bond III LLC, an entity established by Monetary Metals & Co., in the principal amount of US$2,521,215,? being the amount of US dollars equal to 50,384 ounces of silver as of the date such amount was ...
Amid profound shifts in the global economic landscape and ongoing reforms in China?s financial markets, GUOYUAN SECURITIES CO., LTD., a leading provider of integrated financial services in China, is strategically combining global vision with deep local insight to build a bridge that connects domestic and international investors to China?s new engines of growth.
Plains All American Pipeline, L.P. (PAA) today announced that it and PAA Finance Corp., a wholly owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering of $750 million aggregate principal amount of debt securities, consisting of $300 million aggregate principal amount of the issuers? 4.70% Senior Notes due 2031 and $450 million aggregate principal amount of 5.60% senior un...
Some of the most active sectors have been education (+29%), GOs (+17%) and healthcare (+17%), said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
Financial stocks advanced Monday with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund climbing 0.3%. The Philadelphia Housing Index rose 0.2%, and the Real Estate Select Sector SPDR Fund eased 0.1%. Bitcoin increased 1.2% to $106,046, and the yield for 10-year US Treasuries rose 1.7 basis points to 4.11%. In corporate news, Visa and Mastercard (MA) said Monday agreed t...
Financial stocks were advancing in late Monday afternoon trading, with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund up 0.5%. The Philadelphia Housing Index rose 0.5%, and the Real Estate Select Sector SPDR Fund was up 0.2%. Bitcoin was increasing 1.2% to $106,046, and the yield for 10-year US Treasuries rose 1.7 basis points to 4.11%. In corporate news, Visa an...
Assured Guaranty commented on Brightline and PREPA during its third-quarter earnings call, on which the company reported a 46% increase in third quarter gross par written year over year, to $7.85 billion from $5.38 billion.
Federal Reserve Governor Stephen Miran said emerging stresses in housing and private credit markets warrant a reduction to short-term interest rates. While preferring a 50 basis point cut in December, Miran said he would settle for a 25 basis point reduction.
Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index adding 0.5% and the Financial Select Sector SPDR Fund up 0.4%. The Philadelphia Housing Index was fractionally lower, and the Real Estate Select Sector SPDR Fund was shedding 0.2%. Bitcoin was increasing 2% to $105,939, and the yield for 10-year US Treasuries was rising 1.7 basis points to 4.11%. In econo...
Financial stocks were advancing in Monday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each adding 0.5%. The Philadelphia Housing Index was fractionally higher, and the Real Estate Select Sector SPDR Fund was shedding 0.2%. Bitcoin was increasing 1% to $105,803, and the yield for 10-year US Treasuries was rising 2 basis points to 4.11%. In corporate...
Image: Tezos Arthur Breitman, the co-founder of Tezos, will take the stage on Wednesday, November 12th, at the upcoming Federal Reserve Bank of Philadelphia?s Ninth Annual Fintech Conference. Now in its ninth year, the Federal Reserve Bank of Philadelphia's annual Fintech Conference has established itself as a premier gathering for financial technology leaders, policymakers, and researchers.
Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Wildfire, Flood and Hurricane Scores, according to ICE Climate Data. A $9 million offering from Beaumont, Calif., records a Wildfire Score of 5.0 out of 5.0, ICE reports.
The U.K.'s central bank said on Monday it is proposing "temporary" limits of 20,000 pounds ($26,300) per coin for individuals and 10 million pounds for businesses.
New York will license up to three casinos in New York City. What returns can the state and expect on new entrants to an increasingly crowded gambling market?
Walker & Dunlop (WD) said Monday it arranged $625.3 million in fixed-rate Freddie Mac loans to refinance eight multifamily properties for IMT Capital. The financing replaces existing loans on eight garden-style communities totaling 3,096 units in San Diego, Los Angeles, San Francisco, Denver, Atlanta and Nashville, the company said.
The Federal Reserve governor argued that stablecoins' increasing demand for dollar-tied assets such as Treasuries will force monetary policy decisions.
US equity indexes fell this week as a deterioration in labor market data called into question big-tech valuations, prompting investors to book profits. * The S&P 500 closed at 6,728.81 on Friday versus 6,840.20 a week ago. * Challenger, Gray & Christmas reported Thursday firms planned to cut 153,074 jobs in October, the largest for the month since 2003, up from 55,597 a year ago.
The Standard & Poor's 500 index fell 1.6% this week, led by the technology sector, as consumer sentiment dropped to a three-year low. The S&P 500 ended Friday's session at 6,728.80. This marks its first weekly loss since the week ended Oct. 10. Economic readings have been sparse for the past month as the government shutdown has delayed multiple reports.
The muni market may see additional volatility due to "uncertainties related to the future of tariffs and stronger inflation prints," said Barclays (BCS) strategists led by Mikhail Foux.
Financial stocks were higher in late Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each adding 0.4%. The Philadelphia Housing Index was up 0.1%, and the Real Estate Select Sector SPDR Fund increased 0.9%. Bitcoin climbed 1.8% to $103,146, and the yield for 10-year US Treasuries was slightly lower at 4.09%. In economic news, the University of M...
Unemployment rate expectations continued to worsen in the US last month, a survey by the Federal Reserve Bank of New York showed Friday. The mean probability that the jobless rate will rise in the next 12 months rose by 1.4 percentage points to 42.5% in October, marking its third consecutive monthly increase, according to the Fed branch's latest Survey of Consumer Expectations.
Financial stocks were higher in late Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each adding 0.4%. The Philadelphia Housing Index was up 0.1%, and the Real Estate Select Sector SPDR Fund increased 0.9%. Bitcoin climbed 1.8% to $103,146, and the yield for 10-year US Treasuries was slightly lower at 4.09%. In corporate news, Huntington Bancsha...
Fed Vice Chair Philip Jefferson said that the FOMC should move cautiously as it lower the federal funds rate closer to neutral, focusing on incoming information to determine the pace meeting-by-meeting, and suggested that the current policy rate is "still somewhat restrictive."
US benchmark equity indexes were lower intraday amid continued weakness in technology shares, while a survey showed that consumer sentiment fell to the lowest level since 2022. The Nasdaq Composite was down 1.4% at 22,722.3 after midday Friday, while the S&P 500 fell 0.8% to 6,663.1. The Dow Jones Industrial Average lost 0.5% to 46,688.
Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund adding 0.1%. The Philadelphia Housing Index was shedding 0.5%, and the Real Estate Select Sector SPDR Fund rose 0.4%. Bitcoin was increasing 0.8% to $102,581, and the yield for 10-year US Treasuries was decreasing 1.6 basis points to 4.08%. The University ...
Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund adding 0.1%. The Philadelphia Housing Index was shedding 0.5%, and the Real Estate Select Sector SPDR Fund rose 0.4%. Bitcoin was increasing 1.1% to $102,713, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.07%. In corporate news...
The industry for years has lobbied Congress and the Treasury Department to make the changes, but the issue has taken on more urgency amid a data center boom that promises to transform the U.S. energy landscape
US consumer sentiment fell to the weakest level in more than three years amid concerns about the government shutdown's impact on the economy, preliminary results from a University of Michigan survey showed Friday. The main sentiment index dropped for a fourth consecutive month, to 50.3 in November from 53.6 in October.
Michael S. Eisenga, Chief Executive Officer of?First American Properties, today issued a statement in response to the latest University of Michigan Consumer Sentiment Index and layoff data from Challenger, Grey & Christmas, which together point to a clear slowdown in economic activity and rising financial pressure across American households.
Canadian National Railway (CNI) on Friday said it is raising US$700 million in a public debt offering. The company said the offering is made up of US$300 million of 4.200% Notes due 2031 and US$400 million of 4.750% Notes due 2035.
Federal Reserve Vice Chair Philip Jefferson said that as interest rates have moved toward a more neutral level, "it makes sense" now to proceed with caution.
Several fast-casual chains recently cited poor sales to younger adult consumers, a key cohort for the industry, in an apparent confirmation of the labor market concerns the Federal Reserve has cited as it started cutting interest rates.
Consumer expectations for one-year US inflation growth slowed to a 3.2% gain in October from a 3.4% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Friday. The median inflation expectations remained at a 3.0% gain for the three-year period for the sixth straight month and remained at a 3.0% gain for five years ahead.
The average American is growing more pessimistic about the economy, as a key sentiment index fell to its lowest level since June 2022, marking one of the bleakest readings since the survey?s inception in 1952.
The University of Michigan's preliminary consumer sentiment index fell to 50.3 in November from 53.6 in October, below expectations for a smaller decrease to 53.0 in a survey compiled by Bloomberg as of 7:30 am ET.
Canada's labour market surprised to the upside in October, creating 67,000 jobs and offering "finally some good news on the Canadian economy," Desjardins economist Royce Mendes said, though he added the strength likely keeps the Bank of Canada on hold next month rather than cutting again.
Overall, said Andrew Grantham over at CIBC, Friday's jobs data is supportive of the Bank of Canada's thinking that interest rates are now low enough to stimulate the economy, and CIBC continues to forecast no more rate cuts from here.
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.
Log In Required
Publication Date