* Nippon Steel's (NISTF) convertible bond offering largest in Japan's corporate history. * Seeks funds to refinance U.S. Steel takeover, to fund investments. By Katya Golubkova. Nippon Steel (NISTF) has decided to ?increase its convertible bond offering to 600 ?billion yen, the biggest in Japan's corporate history, as it seeks to refinance its $15 billion takeover ?of U.S. Steel and fund business expansion.
Investment giant BlackRock (BLK) favours corporate debt due to the higher yields on offer as inflation subsides, it said on Tuesday, and warned that government bond markets are likely to ?be more volatile as countries spend big on ?defence and infrastructure.
Amid the consternation about the U.S. Supreme Court's quashing of President Donald Trump's emergency tariffs, markets may have missed a surprising take on Federal Reserve policy - that it's not inconceivable the next interest rate shift could be up.
Copper pulled higher on Tuesday as Chinese traders return to the market after holiday, while caution stemming from rising inventories and U.S. tariff uncertainties persists. The most-active copper contract on ?the Shanghai Futures Exchange climbed 1.40% to 102,190 ?yuan a metric ton as of 0300 GMT on the first day of the ?reopening of the exchange after China's nine-day Lunar New Year break.
Itron, Inc. (ITRI), which is innovating new ways for utilities and cities to manage energy and water, today announced the pricing of its private offering of $700.0 million aggregate principal amount of its 0.00% convertible senior notes due 2032 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
CenterPoint Energy, Inc. (CNP) or ?CenterPoint? today announced the pricing of its offering of $600 million aggregate principal amount of its 2.875% Convertible Senior Notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Gold prices fell from a more than
three-week high on Tuesday, as pressure from a stronger dollar
outweighed support from U.S. tariff uncertainty and
Washington-Tehran tensions.
The Japanese yen slipped on Tuesday after a news report that Japanese Prime Minister Sanae Takaichi had conveyed her reservations about further interest rate hikes to Bank of Japan Governor Kazuo Ueda, raising doubts over the next rate increase.
China left ?benchmark lending rates ?unchanged for ?a ninth consecutive ?month ?in February ?on Tuesday. The one-year ?loan ?prime rate was kept at ?3.0%, ?while ?the five-year LPR was unchanged at ?3.5%. Most new ?and outstanding loans in China ?are ?based ?on the one-year ?LPR, while the five-year rate influences the pricing ?of mortgages.
* * US considered joint intervention if Japan requested it, Nikkei says. * US prepared to use economic strength to stabilise allies, Nikkei says. U.S. authorities took the initiative in conducting January "rate checks" to prop up the yen and were ready ?to conduct joint intervention on Japan's request, the Nikkei newspaper reported on ?Tuesday, citing unidentified U.S. government sources.
ST. LOUIS, Feb. 23, 2026 Union Electric Company, doing business as Ameren Missouri, a subsidiary of Ameren Corporation (AEE), announced today the pricing of a public offering of $450 million aggregate principal amount of 4.80% first mortgage bonds due 2036 at 99.926% of their principal amount and $450 million aggregate principal amount of 5.55% first mortgage bonds due 2056 at 99.619% of their princi...
KBRA assigns a long-term rating of AA+ to the Triborough Bridge and Tunnel Authority Payroll Mobility Tax Senior Lien Refunding Bonds, Series 2026A. Concurrently, we affirm the long-term ratings on outstanding Senior Lien PMT Bonds and certain outstanding PMT Bond Anticipation Notes issued with final maturities of greater than three years.
* Wall Street stocks fall and gold rises on US tariff uncertainty. * Trump announces 15% tariff after Supreme Court ruling. * Investors try to work out winners and losers from new regime. * US Treasury yields fall. * Oil prices settle lower. By Chibuike Oguh and Harry Robertson.
* US Treasury investors consolidating positions. * Tariff outcome priced in, including Trump's subsequent action. * US 2/10 yield curve hits flattest level since December 10. * US rate futures still see two rate cuts this year. By Gertrude Chavez-Dreyfuss.
Sallie Mae?, formally SLM Corporation (SLM), today announced its 2026 annual meeting of stockholders will take place on June 16, 2026, at 1 p.m. ET. Additional details will be included in the company?s proxy statement to be filed with the Securities and Exchange Commission in late April. Sallie Mae believes education and life-long learning, in all forms, help people achieve great things.
"Trump indicated the administration will implement additional tariffs under different authorities, and we expect the aggregate effective tariff rate to ultimately settle around 13%, largely unchanged from current levels," Nuveen strategists said.
Financial stocks were decreasing in late Monday afternoon trading, with the NYSE Financial Index falling 2.5% and the State Street Financial Select Sector SPDR ETF dropping 3.3%. The Philadelphia Housing Index was shedding 0.6%, and the State Street Real Estate Select Sector SPDR ETF was up 0.2%. Bitcoin was falling 5% to $64,247, and the yield for 10-year US Treasuries was dropping 5.7 basis p...
Financial stocks were decreasing in late Monday afternoon trading, with the NYSE Financial Index falling 2.5% and the State Street Financial Select Sector SPDR ETF dropping 3.3%. The Philadelphia Housing Index was shedding 0.6%, and the State Street Real Estate Select Sector SPDR ETF was up 0.2%. Bitcoin was falling 5% to $64,247, and the yield for 10-year US Treasuries was dropping 5.7 basis p...
Federal Reserve Governor Christopher Waller said Monday that continued improvement in the labor market, along with further progress on inflation, would tilt his decision toward a pause in interest rates at the central bank's March monetary policy meeting.
* Wall Street stocks fall and gold rises on U.S. tariff uncertainty. * Trump announces 15% tariff after Supreme Court ruling. * Investors try to work out winners and losers from new regime. * US Treasury yields fall. * Oil prices settle lower. By Chibuike Oguh and Harry Robertson.
Fed Governor Christopher Waller said that he could support a further rate pause at the March FOMC meeting if the February employment report confirms that the labor market stability remains but would advocate for a further rate reduction if that report shows that weakness has resumed.
Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index falling 2.5% and the State Street Financial Select Sector SPDR ETF dropping 3%. The Philadelphia Housing Index was shedding 1%, and the State Street Real Estate Select Sector SPDR ETF was up 0.1%. Bitcoin was falling 4.1% to $64,838, and the yield for 10-year US Treasuries was dropping 5.9 basis points t...
Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index falling 2.5% and the State Street Financial Select Sector SPDR ETF dropping 3%. The Philadelphia Housing Index was shedding 1%, and the State Street Real Estate Select Sector SPDR ETF was up 0.1%. Bitcoin was falling 4.1% to $64,838, and the yield for 10-year US Treasuries was dropping 5.9 basis points t...
The underlying level of inflation heated up in December as measured by a New York Federal Reserve gauge, suggesting further challenges in getting overall price pressures back to the U.S. central bank's 2% target.
World Economic Forum, Amazon Web Services, Citi, Deloitte and More Than Two Dozen Local Organizations Collaborate to Launch Yes/Boston BOSTON, Feb. 23, 2026 Today, Yes/Boston officially launched as part of the World Economic Forum's global Yes/Cities initiative, becoming the third flagship city alongside San Francisco, USA and Bengaluru, India.
AbbVie (ABBV) on Monday said it would invest $380 million to build two new active pharmaceutical ingredient manufacturing facilities at its Illinois campus, expanding its domestic production ?capacity for its neuroscience and obesity medicines.
Federal Reserve Gov. Christopher Waller said during an appearance Monday his decision on whether or not to support a cut to short-term interest rates depends on labor market indicators.
Peru's central bank left its policy rate unchanged at 4.25% last week, as expected, said Deutsche Bank. BCRP kept the policy statement largely unchanged, noting that inflation remains around the target and the economy is performing close to its potential, noted the bank.
* Wall St stocks fall and gold rises on U.S. tariff uncertainty. * Trump announces 15% tariff after Supreme Court ruling. * Investors try to work out winners and losers from new regime. * US Treasury yields fall. By Chibuike Oguh and Harry Robertson.
The Bond Buyer's 2026 Predictions Report shows professionals expect growth for the year ahead, but are cautious about changes coming to the central bank.
* US Treasury investors consolidating positions. * Tariff outcome priced in, including Trump's subsequent action. * US 2/10 yield curve hits flattest level since December 10. * US rate futures still see two rate cuts this year. By Gertrude Chavez-Dreyfuss.
Thailand's central bank is expected to keep its repurchase rate unchanged at 1.25% on Wednesday, said Scotiabank. A small minority expects a reduction, noted the bank. When it cut by 25bps at its last meeting in December, the BoT indicated a dovish bias and a willingness to adjust further while downgrading expected gross domestic product growth.
Israel's central bank Monday said its Monetary Committee decided to leave the interest rate unchanged at 4.0%. Morgan Stanley and UBS had expected before the policy decision a 25bps rate cut to 3.75%. "Geopolitical uncertainty has resurfaced in recent days in view of a potential confrontation with Iran, and Israel's risk premium increased slightly," wrote the BoI in its policy statement.
* Central bank had cut rates in November and January. * Cites geopolitical uncertainty over Iran for caution. * Central bank also points to tight labour market. * Israeli inflation rate hits 4-1/2-year low of 1.8% By Steven Scheer.
First Solar (FSLR) said Monday a new economic impact study projects its US operations will support more than 39,000 jobs and contribute about $7.8 billion to gross domestic product annually by 2027. The study was conducted by the Kathleen Babineaux Blanco Public Policy Center at the University of Louisiana at Lafayette using the company's reported and forecast US spending, First Solar (FSLR) said.
Canada's balance of payments data for the fourth quarter will be published on Thursday and could show the current account deficit shrinking from $9.68 billion to $5.25 billion, says National Bank of Canada. A narrowing of the goods shortfall will likely have been only partially offset by a smaller services surplus, noted the bank.
Morgan Stanley Investment Management releases annual State of the States Report. Morgan Stanley Investment Management today released the 13th annual State of the States report, which indicates a stable credit outlook for most states and includes analysis of new factors tied to the global economy and the shifting balance between federal funding and state-driven support for national programs.
The Bank of Israel held short-term interest rates steady on Monday ?after two successive cuts, amid ?fears of a U.S. strike on ?Iran that overshadowed easing inflation pressures and ?a strong shekel.
WASHINGTON, Feb. 23, 2026 Fannie Mae?today announced that it has commenced fixed-price cash tender offers for the purchase of any and all of the Connecticut Avenue Securities? Notes listed below, upon the terms and subject to the conditions set forth in the Offer to Purchase and related Notice of Guaranteed Delivery, each dated as of February 23, 2026.
PHOENIX---- A new economic impact study released today by First Solar, Inc. (FSLR), details its estimated contributions to the US economy. This press release features multimedia.
IP Strategy Holdings, Inc. (IPST), the first company to adopt a treasury reserve policy centered on the $IP token, today announced the launch of a new treasury yield-enhancement program earning an average monthly yield of 3.96%%. In its first four weeks of testing, the program generated $167,324 of gross income without selling any of the Company? $IP tokens.
Canada will release on Friday fresh gross domestic product figures for Q4, the month of December and the flash reading for January 2026, said Scotiabank. The bank noted it expects the readings to be "soft." For Q4, Scotiabank predicts about 0.5% quarter over quarter contraction at a seasonally adjusted and annualized rate.
Federal Reserve Governor Christopher Waller said he was open to leaving interest rates on hold at the Fed's March meeting if upcoming February jobs data indicates the U.S. labor market had "pivoted to a more solid footing" after a ?weak 2025.
Morgan Stanley said it forecast Germany's headline consumer price index at 2.0% year over year in February, after 2.1% year in January. The weaker CPI pace is expected from lower services, energy and food inflation, noted the bank. Germany is scheduled to release CPI for February on Friday. MT Newswires does not provide investment advice.
PPL said Monday that it is planning a public offering of 20 million units at $50 each, for a total of $1 billion. The company said each unit will consist of a contract to purchase a PPL common share and two 1/40 ownership interests in PPL Capital Funding's remarketable senior notes, each with a $1,000 principal amount.
The Federal Home Loan Bank of Chicago, in partnership with member Spring Bank, Brookfield, Wis., last week presented two Community First? Developer Program awards to Milwaukee-based developers AK Development and Milwaukee Development Corporation. This press release features multimedia.
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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