A steep selloff in U.S. Treasuries continued for a fourth day on Thursday, as investors fretted that surging energy prices from the war in the Middle East could stoke inflation and derail the Federal Reserve's rate outlook.
* Long war seen pushing inflation up, growth down. * De Guindos says baseline is for short conflict. * Rehn warns against excessive optimism. By Francesco Canepa and Jan Strupczewski. Three European Central Bank policymakers warned on Thursday that euro zone inflation would likely rise, and growth sag, if the war in Iran were to become drawn out and suck in more countries.
A temporary surge in oil prices to $100 per barrel could slow global growth by 0.4 percentage point, Goldman Sachs (GS) analysts said on Thursday, as a widening conflict in Iran chokes off vital Middle East oil and gas flows.
Aptiv (APTV) said late Wednesday that a newly formed holding company for its electrical distribution systems unit priced an expanded $1.6 billion private debt offering. The transaction features equal $800 million in senior notes maturing in 2031 and 2034, which represent a $100 million increase from the original target, the company said.
The United Arab Emirates central bank governor said on Thursday, six days into the conflict in the Middle East, that the country's banking and financial sector is resilient, strong, stable, and well-positioned to navigate regional developments.
U.S. stocks closed down on Thursday as the Middle East conflict entered its sixth day, pushing oil prices higher and spurring worries about inflation and whether the Federal Reserve will cut interest rates.
* KOSPI leads Asian market surge with 11.2% gain. * U.S. Senate backs Trump's military campaign against Iran. * China sets 2026 growth target at 4.5%-5% By Rocky Swift. Asian shares rallied on Thursday and U.S. Treasuries declined, pointing to a tentative recovery in risk appetite that has been hammered by the escalating war in the Middle East.
Company entered into capped call transactions to increase effective conversion premium to 100% ? Company to repurchase approximately 334,000 shares of common stock using approximately $70.5 million of net proceeds Los Angeles, March 05, 2026 -- Dave Inc. (DAVE) today announced the pricing of an offering of $175 million principal amount of its 0% Convertible Senior Notes due 2031 through a private offe...
China's 2026 economic growth target of 4.5% to 5% is achievable and will help it cope with uncertainties, cabinet research head Shen Danyang told a press conference on Thursday, after the government unveiled key goals. "This year, the external environment for China's economic development has become even more complex and volatile," Shen said.
Aluminium prices extended gains on Thursday as concerns grew about supply from the war-torn Middle East after Aluminium Bahrain halted shipments. The most-active aluminium on the Shanghai Futures Exchange jumped 3.55% to 25,365 yuan a metric ton by 0215 GMT.
Asian shares rallied on Thursday and U.S. Treasuries declined, pointing to a tentative recovery in risk appetite that has been hammered by the escalating war in the Middle East. South Korea's KOSPI gauge recovered its steep losses in the prior session following a rebound on Wall Street. Chinese shares climbed as party elites in Beijing unveiled their wide-ranging economic and development targets.
* KOSPI leads Asian market surge with 10% gain. * U.S. Senate backs Trump's military campaign against Iran. * China sets 2026 growth target at 4.5%-5% By Rocky Swift. Asian shares rallied on Thursday with a decline in U.S. Treasuries pointing to a tentative recovery in risk appetite that has been hammered by the escalating war in the Middle East.
BEIJING, March 4, 2026 As China's annual Two Sessions gets underway,?CGTN published an article analyzing how the country has advanced high-quality development through green transformation and innovation in recent years and how its model of sustainable growth offers a development path for emerging economies while creating new opportunities for the global economy.
Aptiv PLC (APTV), a global industrial technology company focused on enabling a more automated, electrified, and digitalized future, today announced the pricing of an upsized private offering of $800,000,000 aggregate principal amount of 6.125% senior notes due 2031 and $800,000,000 aggregate principal amount of 6.375% senior notes due 2034 by its subsidiaries, Cyprium Corporation and Cyprium Holdings ...
Exchange Income Corporation (EIFZF) a diversified, acquisition-oriented company focused on opportunities in the Aerospace & Aviation and Manufacturing segments, announced today it has priced an offering of $600 million principal amount of 4.324% senior unsecured notes due March 13, 2031.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of the key U.S. life/health subsidiaries and Europe-based insurance companies of The Cigna Group (CI) [NYSE: CI]. The majority of Cigna?s core U.S. health insurance entities are collectively referred to as Cigna Life & Health Group.
The Toronto Stock Exchange closed higher Wednesday, partially recovering from the previous session's sharp selloff, though the benchmark index remained below Monday's record high as investors continued to monitor geopolitical developments and commodity markets.
ST. LOUIS, March 4, 2026 ?Post Holdings, Inc. (POST) today announced the pricing of its previously announced senior notes offering of the Company's 6.250% senior notes due 2034 at 100.75% of the principal amount, plus accrued interest from October 15, 2025, for a yield to worst of 6.109%. In addition, the size of the Notes offering was increased from $500.0 million to $600.0 million in aggregate princ...
With USTs stable and the "snoozer" of economic data Wednesday morning, the muni market has settled, with muni yields little, said Jeff MacDonald, EVP and head of fixed income strategies at Fiduciary Trust International.
* Fed survey provides granular looks at economic activity, prices, employment trends. * US central bank expected to hold rates steady in March. * Traders anticipate no Fed rate cut until July. * Beige Book shows effects of immigration crackdown, tariffs. By Ann Saphir and Howard Schneider.
Financial stocks were advancing in late Wednesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 0.7%. The Philadelphia Housing Index was shedding 0.1%, and the State Street Real Estate Select Sector SPDR ETF was up 0.1%. Bitcoin climbed 7.3% to $73,482, and the yield for 10-year US Treasuries rose 2.9 basis points to 4.09%. In...
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of Equitable Financial Life Insurance Company of America and Equitable Financial Life Insurance Company.
Financial stocks were advancing in late Wednesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 0.7%. The Philadelphia Housing Index was shedding 0.1%, and the State Street Real Estate Select Sector SPDR ETF was up 0.1%. Bitcoin climbed 7.5% to $73,454, and the yield for 10-year US Treasuries rose 2.4 basis points to 4.08%. In...
Most Federal Reserve districts saw growth in economic activity since mid-January, while overall prices rose moderately in recent weeks, the US central bank said in its latest Beige Book released Wednesday.
The US housing market looks set to rebound this spring after a three-year slump, as home values gained last month for the first time in seven months and existing home sales improved, Zillow (ZG) said Wednesday. Zillow's (ZG) home value index ticked up 0.1% month over month in February, and rose 0.4% from a year earlier, it said in a news release.
The US economy grew at a "slight to moderate" pace in seven of the 12 Federal Reserve districts since the last Beige Book, while the remaining districts reported flat or declining activity, the Fed said Wednesday. Consumer spending edged higher in most districts, though two reported further declines.
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Insurance Corporation of Barbados Limited.
U.S. economic activity rose a bit, prices continued to increase and employment levels were stable in recent weeks, the Federal Reserve said on Wednesday in a report that also captured the upheaval to businesses and workers in Minnesota from the Trump administration's immigration crackdown.
* Senator Tillis opposes Fed nomination amid DOJ probe of Powell. * Economic data and Iran conflict complicate rate cut ambitions. * Trump has long sought rate cuts, criticized Fed chair Powell. By Ann Saphir.
The Bank of Canada on Wednesday said it will join the Canadian Collateral Management Service tri-party platform for its domestic repo operations by early 2027. This reaffirms its commitment to resilient and well-functioning repo markets, wrote the bank in a statement.
Two surveys showed Wednesday a mixed picture of the US services sector, with the Institute for Supply Management reporting the fastest growth rate in activity since mid-2022, while S&P Global (SPGI) saw a slowdown. The ISM's purchasing managers' index rose to 56.1 last month, the highest reading since July 2022, from 53.8 in January.
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF adding 0.6%. The Philadelphia Housing Index was shedding 0.3%, and the State Street Real Estate Select Sector SPDR ETF was down 0.4%. Bitcoin climbed past 7% to $73,134, and the yield for 10-year US Treasuries was rising 2.2 basis points...
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF adding 0.5%. The Philadelphia Housing Index was shedding 0.3%, and the State Street Real Estate Select Sector SPDR ETF was down 0.4%. Bitcoin climbed past 7% to $73,134, and the yield for 10-year US Treasuries was rising 2.2 basis points...
President Donald Trump officially nominated Kevin Warsh to be the next chairman of the Federal Reserve, sending his name to the Senate, The White House said Wednesday. Warsh was also nominated for a seat on the board of the Fed. MT Newswires does not provide investment advice.
Greystone, a leading national commercial real estate finance company, announced it has provided a $16,500,000 Fannie Mae loan to refinance a 92-unit multifamily community in Plainville, Connecticut.
Hercules Capital, Inc. (HTGC), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Morningstar DBRS has affirmed Hercules? investment grade corporate and credit rating of BBB.
President Donald Trump on Wednesday sent the U.S. Senate his nomination of former Federal Reserve governor Kevin Warsh to be the U.S. central bank's next chair, according to a notice on the White House website.?.
AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of ?bb+? to Protect Insurance PCC Limited. The ratings reflect Protect?s consolidated balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, very limited business profile and marginal enterprise risk management.
* ISM nonmanufacturing index hits highest since July 2022. * ADP employment tops expectations. * Yields higher although crude prices ease. By Chuck Mikolajczak. U.S. Treasury yields advanced for a third straight session on Wednesday as investors gauged the likelihood of higher inflation and the path of monetary policy as the war in Iran puts upward pressure on oil prices.
JPMorgan Chase & Co (JPM). CEO Jamie Dimon said on Monday that crypto firms handling deposits should face bank-level regulation. One day later, Kraken became the first crypto company in U.S. history to secure a Federal Reserve master account.
As the next surface transportation reauthorization bill takes form in Congress, the transit sector is making a case for its slice of the pie and expanding the use of private activity bonds.
Inflation and other risks from the U.S. military conflict with Iran haven't changed the need for the U.S. Federal Reserve to keep cutting interest rates this year, with price pressures expected to ease and the job market still at risk, Fed Governor Stephen Miran said on Bloomberg TV on Wednesday.
The Institute for Supply Management's US services index rose to a reading of 56.1 in February from 53.8 in January, compared with expectations for a decrease to a reading of 53.5 in a survey compiled by Bloomberg. The ISM's reading follows mixed readings in other services readings already released for the month.
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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