Societe Generale in its early Tuesday economic news summary pointed out: -- US dollar mixed, 10-year United States Treasury consolidates after 7bps jump on Monday to 4.086% on Japanese government bond sell off, higher oil, U.S. issuance. -- Day ahead: Eurozone flash consumer price index.
BofA Global Research became the latest brokerage to forecast an interest rate cut by the U.S. Federal Reserve in December, as dovish signals from key voting members and weakness in labor market conditions ramped up hopes of lower borrowing costs.
* Stocks up 0.3%, FX flat. * Turkey's 5-year credit default swap drops to lowest since 2018. * Poland's central bank widely expected to cut rates on Wednesday. By Twesha Dikshit.
Asian stock markets were mixed and largely muted Tuesday, as traders awaited central bank decisions in Tokyo and Washington, and monitored unsettling plunges in Bitcoin values. Hong Kong edged higher, while Shanghai lost ground. In Japan, the Nikkei 225 opened higher, waffled and finished flat, as traders looked for more clues on potential pending Bank of Japan rate hikes.
Greece's jobless rate stood at 8.6% in October, down from an upwardly revised 8.7% in September, data from statistics service ELSTAT showed on Tuesday. Seasonally adjusted data showed 411,369 people were officially unemployed. Unemployment impacted women more than men, at the rates of 11.0% and 6.7%, respectively.
Euro zone inflation unexpectedly ticked up last month, likely solidifying bets that no further European Central Bank rate cuts are coming anytime soon, data from Eurostat showed on Tuesday.
Endeavour Silver (EXK) said late Monday it priced its offering of $300 million of 0.25% unsecured convertible senior notes due 2031. Initial purchasers have an overallotment option to buy up to $50 million of additional notes.
* Silver retreats from record high of $58.83. * U.S. manufacturing data contracts for ninth straight month. * Benchmark US 10-year Treasury yields near two-week peak. By Pablo Sinha. Gold prices slipped on Tuesday, pressured by rising U.S. Treasury yields and profit-booking following a six-week high hit in the prior session, while silver pulled back from its record high hit in the previous day.
Shift4 Payments, Inc. (FOUR), a leader in integrated payments and commerce technology, today announced that its subsidiaries, Shift4 Payments (FOUR), LLC and Shift4 Payments Finance Sub, Inc., are proposing to offer ?435,000,000 aggregate principal amount of their 5.500% senior notes due 2033 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Ukraine's GDP warrants leapt to their highest level in over four years on Tuesday after the government launched a formal plan to restructure the fixed income instruments that would potentially pay out billions of dollars in coming years. Ukraine wants to retire the $3.2 billion worth of warrants and replace them with one new bond with rising interest rates.
Japan's Nikkei share average ended flat on Tuesday in lacklustre trading, a day after a sharp selloff sparked by hints that the Bank of Japan could raise interest rates as early as this month. The Nikkei finished the session at 49,303.45, from 49,303.28 on Monday when it tumbled 1.9% to break below the psychological barrier of 50,000.
The European Central Bank has refused to backstop a 140 billion euros payment to Ukraine, undermining an EU plan to raise a "reparations loan" backed by frozen Russian assets, the Financial Times reported on Tuesday.
* Gold touched six-week peak on Monday. * 88% chance of a rate cut in December - CME FedWatch. * Benchmark US 10-year Treasury yields near two-week peak. By Ishaan Arora.
* Gold touched a six-week peak on Monday. * 88% chance of a rate cut in December - CME FedWatch. * Benchmark U.S. 10-year treasury yields at near two-week peak. By Ishaan Arora.
Japan's Nikkei share average rose on Tuesday as the market found its feet after a sharp selloff in the previous session, when the central bank governor signalled an interest rate hike could come as early as this month. The Nikkei gained 0.4% to 49,499.06 by the midday trading recess. The broader Topix climbed 0.2% to 3,346.34 following a 1.2% slide in the previous session.
Exelon Corporation (EXC) announced the pricing of its offering of $900 million aggregate principal amount of its 3.25% convertible senior notes due 2029 in a private placement under the Securities Act of 1933, as amended.
Global shares rose on Tuesday and both cryptocurrencies and global government bonds stabilised after the previous day's selloff, which was triggered by a looming interest rate hike in Japan. Investors are also gearing up for an expected interest rate cut by the U.S. Federal Reserve. Wall Street stocks finished higher after losing ground in the prior session.
Endeavour Silver Corp. (EXK) announced today that it has priced its previously announced offering of unsecured convertible senior notes due 2031. The Notes will bear cash interest semi-annually at a rate of 0.25% per annum.
Japanese Finance Minister Satsuki Katayama said on Tuesday she sees no gap between the government and the Bank of Japan on their assessment of the economy, after the central bank chief voiced confidence in the outlook and hinted at a rate hike.
Japanese 30-year government bond yields climbed to a record peak on Tuesday and the 10-year yield reached a 17-year high amid growing speculation that the Bank of Japan could raise interest rates as soon as this month. An auction of about 2.6 trillion yen of 10-year notes later in the day also has the potential to inject additional volatility into the market.
Japanese 10-year government bond yields climbed to the highest level in 17 years on Tuesday amid growing speculation that the Bank of Japan could raise interest rates as soon as this month. An auction of around 2.6 trillion yen of the securities later in the day also has the potential to inject additional volatility into the market.
Japanese Finance Minister Satsuki Katayama said on Tuesday she sees no gap between the government and the Bank of Japan in terms of views over the current economic situation. "There is no gap in the BOJ's and government's views that the Japanese economy is recovering modestly," Katayama said at a regular press conference, when asked about BOJ Governor Kazuo Ueda's comment on Monday.
* Investor confidence brittle after selloff on Monday. * ISM manufacturing survey 48.2 last month vs 48.7 in October. * Global bond yields rise as data show input prices rising. By Gregor Stuart Hunter.
* Online spending on Black Friday rose 9% from last year. * Wealthy online shoppers drive Cyber Monday sales growth. * Lower-income consumers hunted for deals at Walmart (WMT), Target (TGT). By Nicholas P. Brown and Chandni Shah.
U.S. consumers shrugged off worries about the economy after their Thanksgiving dinners and went on a $23.6 billion three-day online shopping frenzy that exceeded analyst expectations, kicking off the holiday season. Adobe Analytics said online spending on Monday was up 4.5% from last year $9.1 billion from midnight through 6:30 p.m. ET.
Enerflex Ltd. (EFXT) today announced that Enerflex Inc., a wholly owned subsidiary of Enerflex (EFXT), has priced its previously announced private offering of $400 million in aggregate principal amount of 6.875% senior notes due 2031.
KBRA assigns an A+ long-term rating to the City of Chicago, Illinois Chicago O'Hare International Airport General Airport Senior Lien Revenue Refunding Bonds Series 2025C and Series 2025D.
* Wall Street stocks finish lower after five straight days of gains. * Brent crude settles up more than 1% * Benchmark 10-year yields rise. * Gold hits six-week high. By Chibuike Oguh.
Global bond yields rose and stocks fell on Monday after Bank of Japan Governor Kazuo Ueda hinted that interest rates may rise later this month, cooling investor optimism around an expected U.S. rate cut and getting December trading off to a rocky start. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
Global bond yields rose and stocks fell on Monday after Bank of Japan Governor Kazuo Ueda hinted that interest rates may rise later this month, cooling investor optimism around an expected U.S. rate cut and getting December trading off to a rocky start. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
Installed Building Products, Inc. (IBP), an industry-leading installer of insulation and complementary building products, announced today that Fitch Ratings has assigned IBP a first-time Long-Term Issuer Default Rating of ?BB+?. Fitch has also assigned a ?BBB-? rating with a Recovery Rating of ?RR1? to IBP?s ABL credit facility, a ?BBB-?/?RR2? rating to its senior secured term loan, and a ?BB+?/?RR4?...
IREN Limited (IREN) today announced its intention to offer, subject to market and other conditions, $1 billion aggregate principal amount of convertible senior notes due 2032 and $1 billion aggregate principal amount of convertible senior notes due 2033 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as a...
* Yen gains against euro, pound and Australian dollar. * US manufacturing slump deepens in November. * Fed interest rate cut this month nearly fully priced in. * Dollar eases as traders weigh outlook for US rates, Fed leadership. By Saqib Iqbal Ahmed and Amanda Cooper.
* BOJ chief Ueda's remarks weigh on Treasuries. * Corporate issuance triggers selling of Treasuries. * US 2/10 yield curve steepens. * US manufacturing contracts for ninth straight month. By Gertrude Chavez-Dreyfuss.
The muni market recorded its fourth straight month of positive returns in November and December is likely to keep the streak going with another strong month to round out the year.
US equity indexes closed lower Monday amid a broad market retreat as Treasury yields jumped. * The Institute for Supply Management said the US manufacturing index fell to 48.2 in November from 48.7 in October, missing economists' expectations for a rise to 49, according to a Bloomberg survey.
Ukraine launched an offer to investors to swap $3.2 billion of complex and costly GDP warrants for international bonds on Monday, the government said, as it attempts to clear a major remaining hurdle in its push to emerge from sovereign default.
Ukraine launched an offer to investors to swap $3.2 billion of complex and costly GDP warrants for international bonds on Monday, the government said, as it attempts to clear a major remaining hurdle in its push to emerge from sovereign default.
Financial stocks were lower in late Monday afternoon trading, with the NYSE Financial Index down 0.5% and the Financial Select Sector SPDR Fund decreasing 0.6%. The Philadelphia Housing Index declined 0.5%, while the Real Estate Select Sector SPDR Fund fell 1.1%. Bitcoin was falling 6.5% to $85,512, and the yield for 10-year US Treasuries jumped 7.5 basis points to 4.09%. In economic news, the ...
Financial stocks were lower in late Monday afternoon trading, with the NYSE Financial Index down 0.5% and the Financial Select Sector SPDR Fund decreasing 0.6%. The Philadelphia Housing Index declined 0.5%, while the Real Estate Select Sector SPDR Fund fell 1.1%. Bitcoin was falling 6.5% to $85,512, and the yield for 10-year US Treasuries jumped 7.5 basis points to nearly 4.09%. In corporate ne...
US benchmark equity indexes were lower intraday as a survey showed continued contraction in the manufacturing sector, while markets awaited remarks by Federal Reserve Chair Jerome Powell. The Dow Jones Industrial Average was down 0.3% at 47,569.5 after midday Monday, while the S&P 500 and the Nasdaq Composite fell 0.1% each to 6,842.9 and 23,345.4, respectively.
Five turbulent years push investors back toward safe-haven assets LOS ANGELES, Dec. 1, 2025 ?Gold has reached repeated all-time highs in 2025, coinciding with the U.S. national debt surpassing $38 trillion and equity markets trading at some of the richest valuations in history.
Gold traded higher midafternoon on Monday, climbing for a seventh-straight session as traders anticipate another cut to interest rates from the Federal Reserve next week.
Two surveys released Monday painted a mixed picture of the US manufacturing sector for November, with Institute for Supply Management data showing continued contraction and an S&P Global (SPGI) report indicating slight deceleration in growth. The ISM purchasing managers' index fell to 48.2 last month from 48.7 in October, marking a ninth consecutive month of contraction.
Financial stocks were lower in Monday afternoon trading, with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund decreasing 0.3%. The Philadelphia Housing Index rose 0.3%, while the Real Estate Select Sector SPDR Fund fell 1.1%. Bitcoin was falling nearly 6% to $85,041, and the yield for 10-year US Treasuries jumped 8 basis points to nearly 4.10%. In economic news, the...
US equity indexes headed for the first decline in six trading sessions in midday trading on Monday amid a surge in government bond yields. The Dow Jones Industrial Average declined 0.4% to 47,522.1, with the S&P 500 down 0.2% to 6,837.4 and the Nasdaq Composite 0.1% lower at 23,338.7. Last week, on the holiday-shortened Friday, all three gauges rose for the fifth consecutive trading session.
* Canadian dollar falls 0.1% against the greenback. * Trades in a range of 1.3956 to 1.3991. * Manufacturing PMI falls to 48.4 in November. * Bond yields rise across the curve. By Fergal Smith. The Canadian dollar edged lower against its U.S. counterpart on Monday, giving back some recent gains, as domestic data showed the manufacturing sector contracted at a steeper pace in November.
Financial stocks were lower in Monday afternoon trading, with the NYSE Financial Index down 0.2% and the Financial Select Sector SPDR Fund decreasing 0.3%. The Philadelphia Housing Index rose 0.3%, while the Real Estate Select Sector SPDR Fund fell 1.1%. Bitcoin was falling nearly 6% to $85,041, and the yield for 10-year US Treasuries jumped 8 basis points to nearly 4.10%. In corporate news, Go...
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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