News Results

  1. Sector Update: Financial Stocks Mixed Tuesday Afternoon
    MT Newswires | 01/27/26 02:19 PM EST

    Financial stocks were mixed in Tuesday afternoon trading with the NYSE Financial Index rising 0.1% and the State Street Financial Select Sector SPDR ETF shedding 0.87%. The Philadelphia Housing Index fell 1.3%, and the State Street Real Estate Select Sector SPDR ETF added 0.1%. Bitcoin dropped 0.6% to $87,772, and the yield for 10-year US Treasuries rose 1 basis point to 4.23%. In economic news...

  2. LA Metro OKs $24 billion transit tunnel through Sepulveda Pass
    SourceMedia Bond Buyer | 01/27/26 02:18 PM EST

    Metro is considering a public-private partnership to deliver what is its largest project to date.

  3. Key prediction market putting strong odds on BlackRock's Rieder as next Fed chair
    Reuters | 01/27/26 02:15 PM EST

    BlackRock's (BLK) chief bond investment manager Rick Rieder is now the clear favorite to succeed current Federal Reserve Chair Jerome Powell when his term is up, according to prediction market Kalshi.

  4. Key prediction market putting strong odds on BlackRock's Rieder as next Fed chair
    Reuters | 01/27/26 02:13 PM EST

    * Kalshi prediction market favors Rick Rieder for Fed Chair. * Trump's dissatisfaction influences Fed Chair succession race. * Many worry next Fed chair will be under Trump's thumb. By Michael S. Derby. BlackRock's (BLK) chief bond investment manager Rick Rieder is now the clear favorite to succeed current Federal Reserve Chair Jerome Powell when his term is up, according to prediction market Kalshi.

  5. Bitcoin Braces For FOMC Interest Rate Decision: Is A Hawkish Surprise Coming?
    Benzinga | 01/27/26 01:59 PM EST

    Bitcoin remains range-bound around $88,000, but traders are bracing for potential volatility and downside risk. Historically, Bitcoin has reacted negatively around FOMC meetings with around 9% drop the last time. Crypto chart analyst Ali Martinez noted that in 2025, BTC fell after seven of eight Fed decisions. A 15% spike in May 2025 was the exception.

  6. In the Market: Wall Street's banking on next Fed chair to stand up to Trump
    Reuters | 01/27/26 01:56 PM EST

    U.S. President Donald Trump bemoaned last week his issue with naming the next Federal Reserve chair: The problem, he said, is they change once they have the job.

  7. In the Market: Wall Street's banking on next Fed chair to stand up to Trump
    Reuters | 01/27/26 01:56 PM EST

    U.S. President Donald Trump bemoaned last week his issue with naming the next Federal Reserve chair: The problem, he said, is they change once they have the job.

  8. Sector Update: Financial
    MT Newswires | 01/27/26 01:47 PM EST

    Financial stocks were mixed in Tuesday afternoon trading with the NYSE Financial Index little changed, erasing earlier losses, and the State Street Financial Select Sector SPDR ETF shedding 0.8%. The Philadelphia Housing Index fell 1.3%, and the State Street Real Estate Select Sector SPDR ETF added 0.1%. Bitcoin dropped 0.6% to $87,772, and the yield for 10-year US Treasuries rose 1 basis point...

  9. Congress facing public finance challenges
    SourceMedia Bond Buyer | 01/27/26 01:35 PM EST

    Bond advocates are watching the appropriations process while the possibilities of a Farm Bill and surface transportation reauthorization may offer openings for restoring advance refunding and raising the BQ cap.

  10. Hungary's Central Bank Keeps Rates on Hold, as Expected; ING Sees 25bps Rate Cut in February
    MT Newswires | 01/27/26 01:18 PM EST

    Hungary's central bank Tuesday said its Monetary Council left the key base rate at 6.5%, as expected by the majority of economists.

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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