What would need to happen for the Federal Reserve to raise U.S. interest rates? So the fact that the current market debate surrounds the number of expected rate cuts this year should give pause to investors and policymakers alike. The case for raising rates is every bit as strong right now as the case for putting cuts on hold and ?maintaining an easing bias.
Feb 12 - Peru's central ?bank held ?its benchmark ?interest rate on ?Thursday at ?4.25%, ?in line ?with ?analysts' expectations. In December, ?the ?central ?bank predicted that annual inflation in ?the world's ?third-largest copper-producing nation would ?end ?2026 at ?2%, ?while the economy should grow some 3%.
W. P. Carey (WPC) said late Thursday it has priced an underwritten public offering of 1 billion euros of senior unsecured notes with a weighted-average coupon of 3.500% and a weighted-average term of 7.4 years. The notes consist of 500 million euros of 3.250% senior notes due 2031 and 500 million euros of 3.750% senior notes due 2035, the company said.
KBRA assigns a long-term rating of AA+ to the following series of bonds of the Metropolitan Government of Nashville and Davidson County, TN: Concurrently, KBRA affirms the long-term rating of AA+ on Metro's outstanding General Obligation Improvement Bonds. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges.
Concentrix Corporation (CNXC), a global technology and services leader, today announced that it has priced a public offering of $600 million aggregate principal amount of 6.500% Senior Notes due 2029.
Royal Caribbean Cruises (RCL) said late Thursday it priced a registered public offering of $1.25 billion aggregate principal amount of 4.750% senior unsecured notes due 2033 and $1.25 billion aggregate principal amount of 5.250% senior unsecured notes due 2038. The 2033 notes will mature on May 15, 2033, and the 2038 notes will mature on Feb. 27, 2038.
NEW YORK, Feb. 12, 2026 W. P. Carey Inc. (WPC) announced today that it has priced an underwritten public offering of ?1.0 billion in aggregate principal amount of senior unsecured notes with a weighted-average coupon of 3.500% and a weighted-average term of 7.4 years, comprising the following tranches: Application has been made for the Notes to be admitted to the Official List of the Irish Stock Exch...
* * MSCI world stock index also falls. * Focus now on US inflation data on Friday. * Yen gains further on investor bets that Takaichi will be fiscally responsible. By Caroline Valetkevitch. NEW YORK, Feb 12 - Major stock indexes fell sharply on Thursday as technology shares slid and ?investors were cautious ahead of U.S. inflation data on Friday, while U.S. Treasury ?yields also dropped.
MIAMI, Feb. 12, 2026 Royal Caribbean Cruises Ltd. (RCL) today announced that it has priced a registered public offering of $1.25 billion aggregate principal amount of 4.750% senior unsecured notes due 2033 and $1.25 billion aggregate principal amount of 5.250% senior unsecured notes due 2038.
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, has agreed to sell ?750,000,000 aggregate principal amount of its 3.200% Senior Notes due 2032, ?750,000,000 aggregate principal amount of its 3.625% Senior Notes due 2035 and ?1,000,000,000 aggregate principal amount of its 3.900% Senior Notes due 2038 in a registered public offering.
PANAMA CITY, Feb. 12, 2026 Bladex, a Panama-based multinational bank originally established by the central banks of 23 Latin-American and Caribbean countries to promote foreign trade and economic integration in the Region, announced today its results for the Fourth Quarter and Full-year ended December 31, 2025.
US equity indexes fell on Thursday as technology emerged as the worst-performing sector amid sliding government bond yields and as Friday's inflation print loomed. The Nasdaq Composite slumped 2% to 22,597.15, the S&P 500 dropped 1.6% to 6,832.76, and the Dow Jones Industrial Average slid 1.3% to 49,451.98. Energy, financials, and consumer discretionary were among the worst performers.
The Federal Reserve is on track to continue forward with sizable Treasury bill buying into the spring but it is unclear what happens after the annual tax filing date has passed, an ?official who helps manage the implementation of monetary policy ?at the New York Fed said on Thursday.
Currently, munis are largely operating "in their own world" ? ignoring rich valuations and upcoming supply, said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital, in a report.
Advanced Drainage Systems, Inc. (WMS), a leading provider of innovative water management solutions in the stormwater and onsite wastewater industries, today announced that it priced a private offering of $500 million aggregate principal amount 5.375% senior unsecured notes due 2034.
US equity indexes ended lower Thursday amid concerns surrounding the impact of artificial intelligence on software and financial stocks and potential unemployment linked to the use of AI. * US initial jobless claims fell to 227,000 in the week ended Feb. 7 from 232,000 in the previous week, compared with expectations for 223,000 in a Bloomberg compiled survey.
Financial stocks were decreasing in late Thursday afternoon trading, with the NYSE Financial Index falling 1.2% and the State Street Financial Select Sector SPDR ETF dropping 1.6%. The Philadelphia Housing Index was increasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF adding 0.8%. Bitcoin was declining 2.6% to $65,454, and the yield for 10-year US Treasuries dropped 7.9 basi...
Financial stocks were decreasing in late Thursday afternoon trading, with the NYSE Financial Index falling 1.2% and the State Street Financial Select Sector SPDR ETF dropping 1.6%. The Philadelphia Housing Index was increasing 0.3%, and the State Street Real Estate Select Sector SPDR ETF adding 0.8%. Bitcoin was declining 2.6% to $65,454, and the yield for 10-year US Treasuries dropped 7.9 basi...
* US stocks down after opening higher. * Focus now on US inflation data on Friday. * Yen gains further on investor bets on fiscally responsible Takaichi. By Caroline Valetkevitch. Major stock indexes fell on Thursday as technology shares slid and investors were cautious ahead of U.S. ?inflation data on Friday, while U.S. Treasury yields also dropped.
A loss of independence at the U.S. Federal Reserve could raise political pressure on central banks all around the world ?and boost inflation for everyone, Bundesbank ?President Joachim Nagel said on Wednesday.
A loss of independence at the U.S. Federal Reserve could raise political pressure on central banks all around the world and ?boost inflation for everyone, Bundesbank President ?Joachim Nagel said on Wednesday.
FS Bancorp, Inc. (FSBW), the holding company for 1st Security Bank of Washington announces the appointment of Matthew Mullet, Bank Chief Executive Officer, to the Seattle Branch Board of Directors for the Federal Reserve Bank of San Francisco.
US existing home sales fell more than expected in January as the median price hit a new peak for the month amid low supply even as affordability improved, data from the National Association of Realtors showed Thursday. Sales slumped 8.4% sequentially to a seasonally adjusted annual rate of 3.91 million units last month.
* Initial jobless claims decrease less than expected. * CPI data due on Friday. * $25 billion 30-year auction sees very strong demand. By Chuck Mikolajczak. U.S. Treasury yields were lower on Thursday, in the wake of data on the labor market that showed new applications for unemployment benefits decreased last week, ?extending declines after a robust auction of 30-year bonds.
The US Consumer Price Index is expected to rise by 0.3% in January for a second straight month, according to a survey compiled by Bloomberg, while the year-over-year rate is forecast to slow to 2.5% from 2.7%. The CPI data are scheduled to be released at 8:30 am ET Friday. The same survey looks for a 0.3% gain in core CPI, excluding the volatile food and energy components after 0.2% increase.
President Donald Trump claimed in an interview on Wednesday that Kevin Warsh can help deliver 15% GDP growth as Fed Chair, and expects him to cut rates dramatically. Not everyone is so confident. Evercore ISI analyst Krishna Guha describes Warsh as ?50% Alan Greenspan, 50% Stan Druckenmiller?; a pragmatic conservative who distinguishes between supply-driven and demand-driven inflation.
Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index falling 2% and the State Street Financial Select Sector SPDR ETF dropping 2.2%. The Philadelphia Housing Index was increasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF adding 0.4%. Bitcoin was declining 2% to $65,661, and the yield for 10-year US Treasuries was dropping 5.9 basis po...
Financial stocks were decreasing in Thursday afternoon trading, with the NYSE Financial Index falling 2% and the State Street Financial Select Sector SPDR ETF dropping 2.2%. The Philadelphia Housing Index was increasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF adding 0.4%. Bitcoin was declining 2% to $65,661, and the yield for 10-year US Treasuries was dropping 5.9 basis po...
* US stocks down after opening higher. * Focus now on US inflation data on Friday. * Yen gains further on investor bets on fiscally responsible Takaichi. By Caroline Valetkevitch and Amanda Cooper. Major stock indexes fell on Thursday as technology shares slid and investors were cautious ahead ?of U.S. inflation data on Friday, while U.S. Treasury yields ?also declined.
* FTSE 100 down 0.7%, FTSE 250 down 0.4% * Schroders (SHNWF) surges after Nuveen buyout announcement. * UK GDP growth stagnates at 0.1% in Q4. * Unilever warns of weak 2026 sales growth ?in US, Europe.
* US job growth increases in January. * Trump, Netanyahu not yet at "definitive" Iran agreement. * Inflation data due on Friday. By Anjana Anil and Anushree Mukherjee. Gold prices fell to a near one-week low ?on Thursday as strong U.S. labour data dampened ?hopes of near-term Federal Reserve rate cuts, with a break below $5,000 an ounce deepening losses as selling pressure intensified.
German Bunds were little changed on Thursday on a quiet day for economic news from the eurozone, said Daiwa Capital Markets. The highlight of Friday's eurozone dataflow will be the updated estimates of Q4 gross domestic product, noted the bank. The second estimate will factor in additional data from December's available retail sales, production and goods trade figures.
* Central bank began an easing cycle in 2025. * Core inflation accelerated unexpectedly in January. * Governor says outlook can change abruptly. By Terje Solsvik. Norway's central bank is determined to bring consumer price inflation down to its 2% target, its governor said ?in a speech on Thursday, casting doubt on the prospect ?of further interest rate reductions.
* Scrutiny over investments in Israel. * Concerns of US retaliation against Norway. * Commission will deliver findings on ethical guidelines in October. By Gwladys Fouche. Norway's $2.2 trillion sovereign wealth fund, the world's largest, faces conflicting expectations at home and ?abroad over responsible investments, the governor of the central ?bank said on Thursday.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.09%. ?Bolstered by strong economic growth, a solid labor market and mortgage rates at three-year lows, housing affordability continues to measurably improve.
* CEO Steve Cahillane pauses separation to focus on brand revival. * Analysts question decision, citing potential business instability. * Kraft Heinz (KHC) faces challenges from changing consumer tastes and competition. By Abigail Summerville and Juveria Tabassum. Feb 12 - Kraft Heinz's (KHC) new CEO Steve Cahillane was faced with a difficult choice.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Himalayan Reinsurance Limited. The ratings reflect Himalayan Re?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
Americans are shouldering almost all of President Donald Trump's import tax surge, a report from the Federal Reserve Bank of New York said on Thursday. The bank said 90% of the tariffs imposed by the president on imported goods are borne by American consumers and companies.
* NY Fed report finds Americans pay almost all of Trump's tariffs. * Fed officials tie tariffs to inflation overshoot. * Tariff outlook uncertain amid court, legislative action. By Michael S. Derby. Americans are shouldering almost all of President Donald Trump's import tax surge, a report from the Federal Reserve Bank of New York said on Thursday.
The statutory watchdog requirement that arrived with Proposition 39 has not delivered on its promise ? and the Legislature has authority to try something better.
Egypt's central bank Thursday said its Monetary Policy Committee decided to cut key policy rates by 100bps, as expected. The benchmark deposit rate is now 19.0%, while the lending rate is now 20.0%. MT Newswires does not provide investment advice.
* Initial jobless claims decrease less than expected. * CPI data due on Friday. * Logan, Miran set to speak on Thursday. By Chuck Mikolajczak. U.S. Treasury yields were lower on Thursday, in the wake of data on the labor market that showed new applications for unemployment benefits decreased ?less than expected last week.
* Indexes: Dow up 0.42%, S&P 500 up 0.21%, Nasdaq down 0.05% * Weekly jobless claims fell less than expected last week. * Personal computer makers dip after peer warns of memory shortage. * Cisco (CSCO) falls after Q2 adjusted margin misses estimates. By Twesha Dikshit and Purvi Agarwal.
Federal National Mortgage Association (FNMA) has an average rating of overweight and mean price target of $14.30, according to analysts polled by FactSet. Price: 8.17, Change: -0.14, Percent Change: -1.68. MT Newswires does not provide investment advice.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of RGA Reinsurance Company, RGA Americas Reinsurance Company Ltd, RGA Life Reinsurance Company of Canada, Aurora National Life Assurance Company and RGA Life and Annuity Insurance Company.
U.S. existing home sales tumbled to the lowest level in more than two years in January as falling inventory raised house prices. Home sales dropped 8.4% last month to a seasonally adjusted annual rate of ?3.91 million units, the lowest level since December 2023, ?the National Association of Realtors said on Thursday.
U.S. existing home sales tumbled to the lowest level in more than two years in January as falling inventory raised house prices. Home sales dropped 8.4% last month to a seasonally adjusted annual rate of ?3.91 million units, the lowest level since December 2023, ?the National Association of Realtors said on Thursday.
Existing-home sales decreased by 8.4% in January, according to the National Association of REALTORS? Existing-Home Sales report. Month-over-month and year-over-year sales fell in all regions. ?The decrease in sales is disappointing. ?Due to low supply, the median home price reached a new high for the month of January,? Yun added.
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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