Financial stocks were mixed in Tuesday afternoon trading, with the NYSE Financial Index rising 1% and the State Street Financial Select Sector SPDR ETF down 0.1%. The Philadelphia Housing Index was easing 0.5%, and the State Street Real Estate Select Sector SPDR ETF was increasing 0.2%. Bitcoin was gaining 3.4% to $70,762.4, and the yield for 10-year US Treasuries was little changed at 4.13%. I...
Big European investors are pushing back against sharp bond market swings that have upended expectations for central bank rate cuts, arguing they have gone too far even if surging energy prices raise inflation risks.
Big European investors are pushing back against sharp bond market swings that have upended expectations for central bank rate cuts, arguing they have gone too far even if surging energy prices raise inflation risks.
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 1.1% and the State Street Financial Select Sector SPDR ETF up 0.6%. The Philadelphia Housing Index was adding 0.3%, and the State Street Real Estate Select Sector SPDR ETF was increasing 0.5%. Bitcoin was gaining 4% to $71,088, and the yield for 10-year US Treasuries was shedding 2.1 basis points ...
Cloud software provider Salesforce (CRM) is preparing to raise as much as $25 billion in a debt offering to help fund a major share buyback, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. * The company is targeting a U.S. bond offering of at least $20 billion, the report said. * The notes could be sold as soon as this week, but the timing could change, Bloomberg said.
Such a bank would be a "revolving financing tool that allows us to stretch dollars further, leverage federal programs without surrendering control, and deliver more projects without raising taxes," Gov. Jeff Landry said.?
Lucas Janda and Eduardo Cabrera have joined Nickel Hayden Advisors, bringing its staff of registered municipal advisors to seven, the Austin, Texas-based firm announced.
US existing home sales unexpectedly increased in February as lower mortgage rates helped improve affordability, data from the National Association of Realtors showed Tuesday. Sales rose 1.7% sequentially to a seasonally adjusted annual rate of 4.09 million units last month. "Housing affordability is improving, and consumers are responding," NAR Chief Economist Lawrence Yun said.
New program delivers mortgage rates approximately 250 basis points below market and flexible underwriting to help member institutions support Habitat affiliates and low-to-moderate income homebuyers The Federal Home Loan Bank of Chicago has launched its Mortgage Partnership Finance? Habitat for Humanity? Program, a new community lending offering designed to help member financial institutions pa...
Allianz Global Investors added to a position favouring longer-dated UK government bonds last week, betting that the Bank of England will still cut rates this year. UK government bonds have been among the worst hit by a global bonds selloff following the U.S.-Israeli war with Iran that has sent yields sharply higher as investors price in the risk of higher inflation and slash rate cut bets.
Volatility in Bank of Canada rate expectations picked up in March, driven by the conflict in Iran, said National Bank of Canada. Just two weeks ago, investors were contemplating potential BoC rate cuts this year, but quickly, OIS markets saw hikes as more likely, noted the bank.
JLL Capital Markets arranged Freddie Mac refinancing for 224-unit building, the first of four Gowanus Wharf Residences NEW YORK, March 10, 2026 Joint partners, Charney Companies, Tavros and Canyon Partners Real Estate today announced that they have secured $125.536 million in fixed-rate financing for Union Channel, a 224-residential rental building in the burgeoning community of Gowanus Brooklyn.
AM Best has downgraded the Financial Strength Rating to C- from C+ and the Long-Term Issuer Credit Rating to ?ccc-? from ?b-? of Trust Insurance JSC. The ratings reflect Trust Insurance?s balance sheet strength, which AM Best assesses as weak, as well as its adequate operating performance, limited business profile and weak enterprise risk management.
* Oil prices drop 7% after Trump's comments on Iran. * Upcoming Treasury auctions to test demand amid easing inflation fears. * February inflation data expected to show modest price increases. By Karen Brettell.
Professional Capital Management CEO Anthony Pompliano on Monday said Bitcoin is proving more resilient than gold and increasingly acting as a global hedge amid economic uncertainty. In a CNBC interview, Pompliano reiterated his bullish stance on Bitcoin, arguing the asset is holding up well despite global economic uncertainty.
President Javier Milei aimed to persuade investors in New York on Tuesday that Argentina's economic turnaround can stay on track even as war in Iran spooks markets, saying the central bank will soon be awash with dollars.
National Bank of Canada (NTIOF) announced Tuesday that the Toronto Stock Exchange and the Office of the Superintendent of Financial Institutions have approved an amendment to the bank's normal course issuer bid.
U.S. existing home sales unexpectedly increased in February as lower mortgage rates and a moderation in house-price growth pulled buyers back into the market, but still-tight supply could constrain activity during the spring selling season.
* Home sales increase 1.7% to 4.09 million unit rate in February. * Median existing house price rises 0.3% to $398,000 from year ago. * Housing inventory increases 4.9% to 1.29 million units from year ago. By Lucia Mutikani.
EIU's trusted global forecasts and country analysis are now available on Bigdata.com by RavenPack, providing enterprises with a powerful data layer for research and building AI agents.
Existing-home sales increased by 1.7% month-over-month in February, according to the National Association of REALTORS??Existing-Home Sales report. Month-over-month sales rose in the Midwest, South and West, and fell in the Northeast.
The pace of US existing home sales rose by 1.7% to a 4.09 million seasonally adjusted annual rate in February from an upwardly revised 4.02 million rate in January, compared with an expected decrease to a 3.88 million rate in a survey compiled by Bloomberg as of 7:40 am ET, data from the National Association of Realtors released Tuesday showed. Total sales were down 1.4% from a year earlier.
Amazon.com (AMZN) is targeting about $37 billion to $42 billion in its latest bond sale, Bloomberg News reported on Tuesday, citing people familiar with the matter. The reported figure would mark one of the latest corporate bond offerings as the company looks to fund its spending on artificial intelligence infrastructure build out.
Hungary's central bank will provide foreign currency liquidity from its international reserves worth some 60 billion euros in the next months to cover higher foreign currency demand for energy imports, it said in a statement on Tuesday. The bank said the targeted measure was needed to ensure the balance supply and demand in the foreign exchange market.
National Bank said Tuesday with geopolitical uncertainty high and domestic data volatile, citing recent labour market data as an example, it expects the Bank of Canada to "simply sit on its hands for the next few meetings" and not work on any changes to its monetary policy.
ROSELAND, N.J., March 10, 2026 For the four weeks ending February 21, 2026, U.S. private employers added an average of 15,500 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report. Employment gains held steady into late February after five straight weeks of strengthening.
German exports fell by 2.3% month over month in January from a 4.0% month-over-month gain in December, said ING. At the same time, imports dropped by 5.9% month over month, widening the German trade surplus to 21.2 billion euros, the highest level since the summer of 2024. Still, despite Tuesday's disappointment, exports are still higher than in November 2025.
In the news release, Gemini Solar + Storage Project Closes $600 Million Bond Refinancing, issued 10-Mar-2026 by Primergy over PR Newswire, we are advised by the company that the original version contained media contact information incorrectly transmitted by PR Newswire.
New capability expands quote transparency and comparability across fixed income markets SOLVE, the leading provider of pre-trade data and predictive pricing for fixed income securities markets, today announced enhancements to the SOLVE Quotes platform with the introduction of Augmented Quote data for Municipal Bonds and USD-denominated fixed-rate Corporate Bonds.
Crispr Therapeutics (CRSP) said Tuesday that it plans to offer $350 million of its convertible senior unsecured notes due March 1, 2031 in a private offering. The company said it expects to grant the initial purchasers of the notes a 13-day option to buy up to an additional $52.5 million of the notes. The company said it plans to use the net proceeds for general corporate purposes.
The US dollar fell against its major trading partners early Tuesday ahead of the release of weekly Redbook same-store sales at 8:55 am ET and existing home sales data for February at 10:00 am ET. Earlier Tuesday, the National Federation of Independent Business reported that small business optimism declined in February, though there was an increase in certainty about the economic outlook.
Charting Xi'an's 2026 Vision: Driving Innovation-Led Transformation and High-Quality Development in Western China XI'AN, China, March 10, 2026 As China convenes its 2026 "Two Sessions" and outlines ten key directions for national economic development, Xi'an, a central city in Western China, has strategically aligned itself with national priorities and set a GDP growth target of approximately 5....
No policy rate move is expected at the Bank of Canada's March 18 policy meeting. The policy statement and Governor Tiff Macklem's opening remarks to the press conference is scheduled for 9:45 a.m. ET and will be followed by the press conference 45 minutes later, noted the bank. The next forecast update will be with the April policy decision, pointed out Scotiabank.
Rep. Shontel Brown to join FHLB Cincinnati for Presentation CLEVELAND, March 10, 2026 The Federal Home Loan Bank of Cincinnati will host an event today March 10 celebrating $9.41 million in Affordable Housing Program grants awarded to support affordable housing initiatives throughout Ohio's 11th District.
CRISPR Therapeutics AG (CRSP) today announced its intention to offer, subject to market conditions and other factors, $350 million aggregate principal amount of its convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Amplify ETFs, a leading provider of breakthrough ETF solutions, today announced the launch of the Amplify Municipal CEF High Income ETF (YYYM), which is designed to deliver federally tax-advantaged high monthly income through diversified exposure to ~30 U.S. municipal bond closed-end funds.
CHARLOTTE, N.C., March 10, 2026 Duke Energy Corporation (DUK) announced the pricing of its offering of $1.3 billion aggregate principal amount of its 3.000% convertible senior notes due 2029 in a private placement under the Securities Act of 1933, as amended.
Societe Generale in its early Tuesday economic news summary pointed out: -- Risk on. -- Norway's consumer price index slows to 2.7% year over year in February from 3.6% in January, core CPI dips to 3.0% year over year from 3.4%. EUR/NOK off 11.0958 low. -- Day ahead: U.S. ADP weekly employment, UST three-year sale, Germany two-year auction.
Greek industrial output rose by 5.3% year-on-year in January, after an upwardly revised 4.0% increase in December, data from statistics service ELSTAT showed on Tuesday. A breakdown of index components showed manufacturing production rose 1.1% from the same month in 2025.
Central banks are clearly watching the Iran war oil shock like hawks. The surge in oil prices, driven by supply disruption from more thana week of war in the Middle East, is already challenging central banks' stretched mandates.
* China's exports surge 22% in January-February, driven. * Economists surprised by growth in clothing, textiles, and bags exports. * Trade surplus tops expectations, reaching $213.6 billion in first two months. * China's export surge raises stakes in looming Trump-Xi summit. * Some economists warn export momentum could be dented by Iran war. By Joe Cash.
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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