News Results

  1. Federal Reserve Watch for Feb. 3: Barkin Says US Economy Still Resilient
    MT Newswires | 02/03/26 02:48 PM EST

    Richmond Fed President Tom Barkin said that the US economy remains resilient, with last year's rate cuts supporting the labor market, but added that the FOMC is ready to respond if conditions deteriorate.

  2. Puerto Rico legislature approves $554 million tax rebate
    SourceMedia Bond Buyer | 02/03/26 02:27 PM EST

    The government plans to use surplus funds from fiscal years 2022 to 2024 to fund the payments.

  3. GLOBAL MARKETS-Global stock index dips with oil rallying on Iran worries as gold, silver rise
    Reuters | 02/03/26 02:10 PM EST

    * Global equities index dips as Wall Street loses ground. * Gold and silver rise after two-day selloff. * Dollar falls, US Treasury yields up. * RBA hikes rates to 3.85%; Aussie bounces. By Sin?ad Carew and Amanda Cooper.

  4. Tribes stymied by regulations
    SourceMedia Bond Buyer | 02/03/26 02:01 PM EST

    Native American Tribes are working from a disadvantage in bond sales due to Securities and Exchange Commission regulations that force them to register public market issuances, which raises costs.

  5. Sector Update: Financial Stocks Retreat Tuesday Afternoon
    MT Newswires | 02/03/26 01:43 PM EST

    Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index shedding 0.9% and the State Street Financial Select Sector SPDR ETF dropping 1.3%. The Philadelphia Housing Index was climbing 1.6%, and the State Street Real Estate Select Sector SPDR ETF was down 0.9%. Bitcoin was dropping nearly 6% to $74,031, and the yield for 10-year US Treasuries was rising 1.7 ba...

  6. Analysis-Investors ramp up bets on steeper yield curve under Warsh-led Fed
    Reuters | 02/03/26 01:38 PM EST

    Investors are ramping up bets on higher long-dated Treasury yields and a steeper yield curve as incoming Federal Reserve Chair Kevin Warsh is expected to press for interest rate cuts while shrinking the U.S. central bank's balance sheet.

  7. Sector Update: Financial
    MT Newswires | 02/03/26 01:06 PM EST

    Financial stocks were decreasing in Tuesday afternoon trading, with the NYSE Financial Index shedding 0.6% and the State Street Financial Select Sector SPDR ETF dropping 1.4%. The Philadelphia Housing Index was climbing 2%, and the State Street Real Estate Select Sector SPDR ETF was down 0.5%. Bitcoin was dropping 4.8% to $74,932, and the yield for 10-year US Treasuries was rising 1.7 basis poi...

  8. TD Sees Bank of Canada on Hold in Foreseeable Future as Easing Labor Slack Moderates
    MT Newswires | 02/03/26 12:28 PM EST

    Data from the Labour Force Survey shows that Canada's job market has pumped out nearly 200,000 net new jobs since summer's end, defying expectations, said TD. However, these gains have been met with some skepticism given weaker signals in other key job surveys -- such as payrolls -- not to mention the broader gross domestic product data, wrote the bank in a note to clients.

  9. GLOBAL MARKETS-Global stock index up slightly while gold, silver bounce
    Reuters | 02/03/26 11:58 AM EST

    * Stocks rise as gold attempts a recovery. * Dollar falls, U.S. Treasury yields up. * RBA hikes rates to 3.85%; Aussie bounces. By Sin?ad Carew and Amanda Cooper.

  10. Russia's GDP up 1% in 2025; price spike to be short-lived, Putin says
    Reuters | 02/03/26 11:49 AM EST

    Russia's gross domestic product grew ?1% in ?2025, President Vladimir ?Putin said ?at ?a meeting with the ?government ?on Tuesday. Addressing a spike ?in ?prices ?seen in January following a value-added ?tax increase, Putin said the impact would ?be short-lived ?and that inflation ?was expected to reach around 5% by the end of ?the year.

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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