Brazil's central bank remains dissatisfied with progress toward bringing inflation back to its target, its governor said on Monday, stressing that policymakers will maintain a data-dependent approach.
A rush of bond sales by major tech firms to fund artificial intelligence expansion is creating a high-stakes bet for the $9 trillion U.S. corporate bond market, prompting caution from prominent investors like DoubleLine over the sector's growing debt load. Over the past two months, four major cloud and AI "hyperscalers" have sold nearly $90 billion in public bonds.
* S&P: UZBEKISTAN UPGRADED TO 'BB' ON STRONG GROWTH AND ECONOMIC REFORMS; OUTLOOK STABLE. * S&P: UPGRADE REFLECTS WHAT WE VIEW AS SUSTAINED IMPROVEMENTS IN UZBEKISTAN'S MACROECONOMIC POLICYMAKING IN RECENT YEARS. * S&P: PROJECT UZBEKISTAN'S GROWTH MOMENTUM WILL REMAIN RESILIENT DESPITE GLOBAL TRADE TENSIONS.
Fitch: * FITCH ON U.S. BANKS SAYS ALTHOUGH IT EXPECTS SLIGHTLY WEAKER ECONOMY IN 2026, BANK OPERATING ENVIRONMENT WILL REMAIN SUPPORTIVE. * FITCH ON U.S. BANKS: NET INTEREST INCOME WILL REMAIN STEADY FOR 2026 AS MODEST MARGIN PRESSURES OFFSET BY LOAN GROWTH, OVERALL STABLE CREDIT QUALITY.
Investors are growing uneasy that the rapid rise in public debt used to bankroll AI investments could strain the U.S. corporate bond market and eventually dampen the appeal of tech stocks, despite leverage across most major companies remaining low for now.
A big tech borrowing bonanza and signs of strain in private credit are spooking bond market lenders to the world's top-rated businesses, in a trend that could jolt funding costs higher, hit corporate earnings and add stress to twitchy global markets.
The unions representing Spirit Airlines pilots and flight attendants said on Tuesday that they have reached an agreement with the company for pay and benefits cuts as the carrier tries to rein in costs as part of its ongoing Chapter 11 restructuring process.
-Asian bonds witnessed renewed cross-border inflows in October following a month of sharp outflows, as an improved regional growth outlook and a series of U.S. trade agreements in Southeast Asia lifted investor sentiment.
Moody's downgraded Six Flags Entertainment's (FUN) credit ratings further into junk-grade territory on Monday, citing the amusement park owner's weak operating results.
Moody's downgraded Six
Flags Entertainment's (FUN) credit ratings further into junk-grade territory on Monday, citing the amusement park owner's weak operating results. "Six Flags' weak operating performance resulted in credit metrics that are substantially worse than what we expected at the time of the merger," the analysts wrote.
The benefit to Hungary's credit rating of any potential U.S. financial backstop package remains difficult to factor in, Fitch has said, and should be unnecessary given the country's uninterrupted access to borrowing markets.
Amazon (AMZN) is looking to raise about $12 billion from the U.S. corporate bond market, Bloomberg News reported on Monday, citing people familiar with the matter. The e-commerce giant filed for a six-part bond sale earlier in the day without disclosing a size, a regulatory filing showed. Amazon (AMZN) did not immediately respond to a Reuters request for comment.
DTE Energy Co (DTE): * DTE ELECTRIC CO: FILES FOR OFFERING OF TWO-PART GENERAL AND REFUNDING MORTGAGE BONDS, SIZE NOT DISCLOSED - SEC FILING Source text: Further company coverage:
S&P: * S&P: NIGERIA OUTLOOK REVISED TO POSITIVE FROM STABLE; 'B-/B' RATINGS AFFIRMED. * S&P: REVISED NIGERIA'S OUTLOOK BASED ON POTENTIAL FOR CONTINUED GAINS, PARTICULARLY IN OUR EXTERNAL & MONETARY ANALYSIS. * S&P: IN OUR VIEW, MONETARY, ECONOMIC, & FISCAL REFORMS BEING IMPLEMENTED BY NIGERIAN AUTHORITIES WILL YIELD POSITIVE BENEFITS OVER MEDIUM TERM.
Oracle Corp (ORCL) bonds have taken a hit in recent days following a report that the cloud and artificial intelligence service provider plans to add another $38 billion to its heavy debt load to fund its AI infrastructure, according to analysts and investors. Oracle did not immediately respond to a request for comment.
S&P Global Ratings said on Friday it has downgraded its rating of Nissan Motor's (NSANF) credit by one notch on continuing pressure on its profitability, while taking a negative view of the outlook for the Japanese automaker. The credit-rating firm cut its long-term rating on the company and its overseas subsidiaries to "BB-" from "BB".
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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