Overall credit troubles in the U.S. increased modestly but held at low levels during the fourth quarter as some parts of the mortgage market saw accelerated fraying, amid ongoing difficulties for student loan borrowers, the Federal Reserve Bank of New York said in a report released on Tuesday.
* US household debt rises to $18.8 trillion in Q4, up $191 billion from 3Q. * Mortgage delinquencies grow in lower-income areas despite overall low rates. * Student loan delinquencies elevated at 9.6%, serious delinquency rate at 16.2% By Michael S. Derby.
First Citizens BancShares (FCNCA) said on Tuesday its CEO Frank Holding has been appointed to the Federal ?Reserve Board of Governors' advisory council ?for 2026. Holding will represent the Fifth ?District on behalf of ?the ?Federal Reserve Bank of Richmond.
The Federal Reserve under the leadership of Kevin Warsh, President Donald Trump's nominee for Fed ?chair, will be watching to ?ensure there's no "timing mismatch" on ?employment and productivity given ?rapid ?advances in artificial intelligence, U.S. Treasury Secretary ?Scott Bessent said ?on Tuesday.
Peru's central bank is expected to stay on hold at a reference rate of 4.25% on Thursday, said Scotiabank. BCRP hasn't budged from there since last September and has held for four consecutive meetings, noted the bank.
Kenya's central bank Tuesday said its Monetary Policy Committee decided to lower the Central Bank Rate by 25 basis points to 8.75%. Kenya's overall inflation declined to 4.4% in January 2026 from 4.5% in December 2025, and remained below the mid-point of the target range of 5%, more or less 2.5 percentage points, noted the central bank.
Alexandria Real Estate Equities (ARE) said Tuesday it has launched an underwritten public offering of senior notes, subject to market conditions. Alexandria said it expects to use the proceeds primarily to repay commercial paper borrowings tied to its previously announced cash tender offer for outstanding senior unsecured notes.
Wall Street's main indexes opened higher on Tuesday after a ?sharp rally in the ?previous session as tech ?stocks bounced ?off a ?bruising rout, while investors ?parsed retail ?sales figures that kicked off a ?series of ?crucial ?economic data releases this week.
Wall Street's main indexes opened higher on Tuesday after a ?sharp rally in ?the previous session as tech ?stocks bounced ?off a ?bruising rout, while investors ?parsed retail sales ?figures that kicked off a ?series of ?crucial economic ?data releases this week.
South African President Cyril Ramaphosa expressed his country's support for efforts ?to end the Russia-Ukraine conflict ?in a phone call with ?Russian President Vladimir ?Putin on ?Tuesday, Ramaphosa's office said. "The two ?leaders also discussed ?cooperation in key international fora such as ?BRICS and ?the ?G20," South Africa's presidency said in a statement.
By Jamie McGeever. The global economy is at an odd juncture, one that points to an ugly few years for bond markets. The fiscal picture across developed economies is deteriorating rapidly and uniformly, yet unlike previous bouts of huge government spending in the last two decades, there is no global financial crisis or pandemic requiring trillions of dollars. Far from it.
PASADENA, Calif. The Company expects to use the net proceeds from this offering to repay a portion of the borrowings under the Company's?commercial paper program incurred in connection with the repurchase or redemption of?certain series of its outstanding senior unsecured notes pursuant to its previously announced cash tender offer, by redemption or otherwise.
RALEIGH, N.C., Feb. 10, 2026 First-Citizens Bank & Trust Company, the wholly owned banking subsidiary of First Citizens BancShares, Inc. (FCNCA), announced today?that Chairman and CEO Frank Holding has been appointed to the Federal Reserve Board of Governors' Federal Advisory Council for 2026.
The quarterly US employment cost index rose by 0.7% in Q4, slower than the 0.8% gain in the previous quarter, the US Bureau of Labor Statistics reported on Tuesday. This was below the consensus expectations of a 0.8% gain in a survey compiled by Bloomberg. Benefits costs rose by 0.7% in the quarter after a 0.8% gain in previous quarter, the same as for wage growth.
U.S. retail sales were unexpectedly unchanged in December as households scaled back spending on motor vehicles and other big-ticket items, potentially setting consumer spending and the economy on a slower growth path heading into the new year.
U.S. retail sales were unexpectedly unchanged in December, putting consumer spending and the overall economy on a slower growth path heading into the new year. The flat reading in retail sales last month followed ?an unrevised 0.6% increase in November, the Commerce Department's Census Bureau on Tuesday.
US retail sales were virtually steady in December, below a 0.4% increase expected in a survey compiled by Bloomberg and following the previous month's 0.6% gain. Excluding a 0.2% decrease in motor vehicle sales, retail sales were still flat compared with an expected 0.4% gain.
RXO, Inc. today announced it is proposing to issue $400 million aggregate principal amount of senior notes due 2031 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
ROSELAND, N.J., Feb. 10, 2026 For the four weeks ending January 24, 2026, U.S. private employers added an average of 6,500 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report?.?. Job gains edged up from the previous week. This week's NER Pulse reflects our January benchmark to March 2025 QCEW data.
Things were looking up in Canada near the end of 2025, but roughly two months later, things looked very different, said National Bank of Canada. Hiring has come back to earth and measures of labor demand remain depressed, noted the bank. Even inflation, which had been running warm, has cooled off "materially" in recent months, pointed out National Bank.
The city of Olathe and the Unified Government of Wyandotte County-Kansas City, Kansas, signaled support for a state bond plan to move the team from Missouri.
AtlasClear Holdings, Inc. (ATCH), a financial technology holding company focused on building a modern, regulated financial services platform, today announced that it has entered into a definitive Share Purchase Agreement, replacing the previous merger agreement, to acquire all of the outstanding shares of Commercial Bancorp, a Wyoming corporation and the parent company of Farmers State Bank, a profita...
New AI-powered metric quantifies pricing uncertainty to help fixed income professionals interpret predictive prices with greater clarity SOLVE, the leading provider of pre-trade data and predictive pricing for fixed income securities markets, today announced the launch of Confidence Score for Corporate Bonds, an AI-powered metric designed to enhance SOLVE Px? by quantifying pricing uncertainty ...
The US dollar rose against its major trading partners early Tuesday, except for a decline versus the yen, ahead of a busy day of economic data releases, starting with retail sales and import and export price data for December and the employment cost index for Q4, all at 8:30 am ET.
Sterling dropped against the dollar and the euro on Tuesday as a broad selloff of the U.S. currency faded, while concerns about British politics and the path of Bank of England monetary policy continued to weigh.
Greek industrial output rose by 3.9% year-on-year in December, after after an upwardly revised 4.3% increase in ?November, data from statistics service ELSTAT ?showed on Tuesday. A breakdown of index ?components showed manufacturing production rose ?3.8% ?from the same month in 2024.
U.S. tariffs are weighing on euro zone growth and inflation but the most affected sectors are also sensitive to interest rates, so cutting borrowing costs could offset the downward price pressures, a European Central Bank blog post said ?on Tuesday.
* EM stocks up 0.7%, FX flat. * Turkish industrial production drops 2.1% in December. * Hungary's forint slips from over 2-year peak. By Pranav Kashyap. - Most central and eastern European currencies held their ground on Tuesday, while regional stocks were mixed as investors braced for a data-heavy week.
* Tariffs lower euro zone inflation by reducing demand, outweighing supply effects. * ECB economists' study shows sectors hit by tariffs are sensitive to interest rate changes. * Euro zone exports to US down 6.5% year-on-year in latest 3 months, affecting inflation.
* Nonfarm payrolls data due Wednesday. * Global stocks gain in Asian trade. * Dollar edges up after falling 0.8% on Monday. * US job gains could be lower in coming months, says Hassett. By Noel John.
* German 10-year yield drops amid political shifts. * UK political tensions affect British 10-year gilt yield. * US economic data may influence Federal Reserve policy expectations. By Sophie Kiderlin.
?. ISIN Code. Our Ref. ISSUE NAME. Santander UK PLC. Issue of GBP 1,000,000,000.00. Floating Rate Covered Bonds due May 2028. Series No 93 Tranche 1 MTN. INTEREST PERIOD. VALUE DATE. INTEREST RATE. NUM OF DAYS. DAY BASIS. CURRENCY CODE. TOTAL INTEREST AMT. GBP 11,035,715.07. POOL FACTOR.
President Donald Trump acknowledged on Monday that his 2017 decision to pass over Kevin Warsh for Federal Reserve Chair was a ?really big mistake,? attributing the move to pressure from his former Treasury Secretary. Speaking to Fox Business, the President reflected on the 2017 selection process that ultimately saw Jerome Powell lead the central bank.
Thermo Fisher Scientific Inc. (TMO) announced today that it has priced an offering of $3.8 billion aggregate principal amount of the following notes: The Offering is expected to close on or about February 12, 2026, subject to the satisfaction of customary closing conditions.
Major stock indexes were mixed on Tuesday, with a world equity index and the Dow hitting record highs although other key U.S. indexes weakened, while Treasury yields fell after U.S. data suggested the economy may be softening. The yen was up again in the wake of Japanese Prime Minister Sanae Takaichi's decisive weekend election victory.
Insurance and asset management company Principal Financial (PFG) reported a rise in fourth-quarter profit on Monday, helped by increased premiums and improved returns on its ?investments. Strong market performance in the last quarter of ?2025, supported by U.S. Federal Reserve rate cuts, ?lifted investment returns for insurers such ?as Principal ?Financial.
5.32% yield, 45 basis points lower than the prior October 2025 ABS transaction Fourth consecutive sub-6% ABS transaction Repaid $37.5 million of corporate debt during the fourth quarter. Oportun, a mission-driven financial services company, today announced the issuance of $485 million of two-year revolving fixed rate asset-backed notes secured by a pool of unsecured and secured installment loans.
Federal Reserve Governor Stephen Miran on Monday argued the Trump administration's policy of trade tariffs has proved more benign than many had feared, in comments that argued that foreigners and their firms are the ones primarily paying for the tax hikes, rather than Americans.
Google parent Alphabet tapped the U.S. high-grade bond market on Monday, adding to a boom in debt funding by AI companies that analysts project will lead to a record-breaking year for corporate debt issuance. Alphabet sold $20 billion in a seven-part series of senior unsecured notes, according to International Financing Review data.
* Alphabet plans additional sterling offering, possibly a 100-year bond. * AI companies rapidly increase borrowing for data center expansion. * U.S. corporate bond issuance expected to reach $2.46 trillion in 2026, Barclays says. By Matt Tracy.
Performance Food Group Company (PFGC) announced today that its indirect wholly-owned subsidiary, Performance Food Group (PFGC), Inc., priced its previously announced offering of $1.06 billion aggregate principal amount of 5.625% Senior Notes due 2034.
This week's expected elevated $12.6 billion in supply" "coincides with a recent uptick in secondary offerings ? and may skim some froth from the market, particularly where spreads have hit one-year tights," said J.P. Morgan strategists led by Peter DeGroot.
The lawsuits argue that the owner of American Dream and East Rutherford, New Jersey, which sets tax assessments for the mall, colluded to depress its valuation.
Financial stocks were lower in Monday late afternoon trading, with the NYSE Financial Index easing 0.1% and the State Street Financial Select Sector SPDR ETF shedding 0.6%. The Philadelphia Housing Index was decreasing 0.4%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.6%. Bitcoin was rising 0.7% to $70,815, and the yield for 10-year US Treasuries was slightly lower at 4...
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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