Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index adding 0.4% and the State Street Financial Select Sector SPDR ETF up 0.3%. The Philadelphia Housing Index was climbing 1.3%, and the State Street Real Estate Select Sector SPDR ETF rose 0.9%. Bitcoin rose 1% to $71,832, and the yield for 10-year US Treasuries was slightly lower at 4.29%. In corpora...
* US economic data shows weaker GDP growth, higher jobless claims, and steady inflation gauges. * Hormuz ship traffic still below normal volumes. * Israel seeking direct negotiations with Beirut. By Chuck Mikolajczak.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding about 0.5%. The Philadelphia Housing Index was climbing 1.6%, and the State Street Real Estate Select Sector SPDR ETF was up 1.5%. Bitcoin rose 2% to $72,484, and the yield for 10-year US Treasuries was decreasing 2.8 basis points to 4.26...
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 0.5%. The Philadelphia Housing Index was climbing 1.6%, and the State Street Real Estate Select Sector SPDR ETF was up 1.5%. Bitcoin rose 2% to $72,484, and the yield for 10-year US Treasuries was decreasing 2.8 basis points to 4.26%. In ...
Foreign investors bought fewer two-, five-, and seven-year U.S. Treasury notes at last month's auction than in February, as conflict raged in the Middle East, data from the U.S. Treasury Department released on Wednesday showed. Foreign buyers purchased $6.024 billion of the latest two-year notes in March, about half the $13.190 billion bought in the previous month.
* Plunge in oil prices boosts equities and risk appetite. * Fed rate-cut expectations revived by lower oil prices. * Ten-year notes auction seen as mediocre. By Chuck Mikolajczak. U.S. Treasury yields fell on Wednesday after a two-week ceasefire between the U.S. and Iran sent oil prices plummeting and resurrected the possibility of interest rate cuts by the Federal Reserve this year.
Financial stocks rose late Wednesday afternoon, with the NYSE Financial Index rising 2.8% and the State Street Financial Select Sector SPDR ETF adding 2.4%. The Philadelphia Housing Index gained 4.4%, and the State Street Real Estate Select Sector SPDR ETF added 1.7%. Bitcoin was up 3.5% at $71,297, and the yield for 10-year US Treasuries fell 5.2 basis points to 4.29%. In economic news, Federa...
Financial stocks climbed in late Wednesday afternoon trading, with the NYSE Financial Index rising 2.8% and the State Street Financial Select Sector SPDR ETF adding 2.4%. The Philadelphia Housing Index gained 4.4%, and the State Street Real Estate Select Sector SPDR ETF advanced 1.7%. Bitcoin was declining 1% to $71,190, and the yield for 10-year US Treasuries fell 5.2 basis points to 4.29%. In...
Financial stocks climbed in Wednesday afternoon trading, with the NYSE Financial Index rising 3% and the State Street Financial Select Sector SPDR ETF adding 2.6%. The Philadelphia Housing Index was climbing 4.6%, and the State Street Real Estate Select Sector SPDR ETF advanced 1.5%. Bitcoin was declining 0.3% to $71,679, and the yield for 10-year US Treasuries was dropping 6.4 basis points to ...
Financial stocks gained in Wednesday afternoon trading, with the NYSE Financial Index rising 3% and the State Street Financial Select Sector SPDR ETF adding 2.4%. The Philadelphia Housing Index was climbing 4.6%, and the State Street Real Estate Select Sector SPDR ETF advanced 1.5%. Bitcoin was declining 0.3% to $71,679, and the yield for 10-year US Treasuries was dropping 6.4 basis points to n...
Since the start of the Middle East conflict, five-year Government of Canada bonds and United States Treasuries have moved largely in tandem -- selling off about 35 bps, including early Wednesday's rally, said National Bank of Canada.
Canadian gross treasury bill issuance is rising to $27 billion this week, or $4 billion higher, in what will be the first auction of the 2026-27 fiscal year, said National Bank of Canada. Of that, the Bank of Canada will purchase $270 million, or 1% of the tender, noted the bank.
Financial stocks dropped in Tuesday afternoon trading with the NYSE Financial Index falling 0.3% and the State Street Financial Select Sector SPDR ETF easing 0.1%. The Philadelphia Housing Index fell 1.8%, and the State Street Real Estate Select Sector SPDR ETF rose 0.2%. Bitcoin declined 0.6% to $68,456, and the yield for 10-year US Treasuries gained 2.9 basis points to 4.36%. In corporate new...
* US president's deadline raises oil prices, dampens Treasury safe-haven demand. * Fed's Williams says Middle East conflict may boost US inflation. * US capital goods orders rise in February. By Chuck Mikolajczak.
Gold was steady early Tuesday, with the dollar and treasury yields little changed, even as the war on Iran continues to raise inflation worries while a report showed a larger than expected drop in U.S. durable goods orders in February, showing a weakening manufacturing sector. Gold for May delivery was last seen up $1.60 to US$4,686.30 per ounce.
Commerzbank in its "European Sunrise" note of Tuesday highlighted: Markets: United States Treasury yields edge higher after Friday's U.S. payrolls print, consolidate on Monday, but rise again in Asia early Tuesday. Fed: Federal Reserve Bank of Cleveland President Beth Hammack thinks a rate hike is possible if inflation persists.
* Middle East ceasefire plan proposes immediate truce. * Shifting comments by Trump, Iran add to market uncertainty. * US services sector cools, but prices paid index surge. * US rate futures price out rate cuts in 2026. By Gertrude Chavez-Dreyfuss.
Financial stocks were advancing late Monday afternoon, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF ahead 0.6%. The Philadelphia Housing Index was up 0.7%, and the State Street Real Estate Select Sector SPDR ETF added 0.4%. Bitcoin was climbing 1.3% to $69,870, and the yield for 10-year US Treasuries was increasing 2.2 basis points to nearly 4....
Financial stocks were advancing late Monday afternoon, with the NYSE Financial Index rising 0.5% and the State Street Financial Select Sector SPDR ETF ahead 0.6%. The Philadelphia Housing Index was increasing 0.7%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.4%. Bitcoin was climbing 1.3% to $69,870, and the yield for 10-year US Treasuries was increasing 2.2 basis points...
* US, Iran weigh peace framework as Trump threatens Iran infrastructure attacks. * US Treasury yields little changed while dollar dips. By Sin?ad Carew and Gregor Stuart Hunter.
Financial stocks were advancing Monday afternoon, with the NYSE Financial Index rising 0.4% and the State Street Financial Select Sector SPDR ETF ahead 0.5%. The Philadelphia Housing Index was increasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.3%. Bitcoin was rising 0.9% to $69,567, and the yield for 10-year US Treasuries was increasing 2 basis points to 4.33%...
Financial stocks were advancing Monday afternoon, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF ahead 0.7%. The Philadelphia Housing Index was increasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.3%. Bitcoin was rising 0.9% to $69,567, and the yield for 10-year US Treasuries was increasing 2 basis points to 4.33%...
* US, Iran weigh peace framework as Trump threatens Iran infrastructure attacks. * Crude oil trading choppy, WTI still above $110. * US Treasury yields little changed while dollar dips. By Sin?ad Carew and Gregor Stuart Hunter.
Blackstone-backed QTS has launched the sale of a 10-year investment-grade green bond amid the company's data center buildout in Fayetteville, Georgia, Bloomberg said Monday, citing a person familiar with the matter. Initial price talk for the bond is a spread of about 1.625 percentage points over US Treasuries, the person said, according to the news outlet.
* Unemployment rate dips; report shows downward revisions. * Jobs report not as strong as it looks -analyst. * Fed rate cut chances reduced for 2026 post-jobs data. By Gertrude Chavez-Dreyfuss.
* Unemployment rate dips; report shows downward revisions. * Jobs report not as strong as it looks -analyst. * Fed rate cut chances reduced for 2026 post-jobs data. By Gertrude Chavez-Dreyfuss.
U.S. Treasury yields advanced on Friday after data showed the world's largest economy created a lot more jobs than expected last month, cementing expectations that the Federal Reserve will hold interest rates steady for longer and not cut them.
Financial stocks were mixed late Thursday afternoon trading, with the NYSE Financial Index fractionally lower and the State Street Financial Select Sector SPDR ETF up 0.1%. The Philadelphia Housing Index was decreasing 0.2%, and the State Street Real Estate Select Sector SPDR ETF climbed 1.5%. Bitcoin was declining 1.6% to $67,011, and the yield for 10-year US Treasuries was slightly lower at 4...
* Trump's unclear stance on Middle East war fuels inflation fears. * Iran, Oman drafting protocol on Strait of Hormuz traffic. * Fed rate-cut expectations fade after worrisome inflation data. * Focus shifts to US payrolls report for March. By Gertrude Chavez-Dreyfuss.
Financial stocks were slightly higher in Thursday afternoon trading, with the NYSE Financial Index up 0.1% and the State Street Financial Select Sector SPDR ETF adding 0.3%. The Philadelphia Housing Index was decreasing 0.7%, and the State Street Real Estate Select Sector SPDR ETF was up 0.6%. Bitcoin was declining 1.3% to $67,175, and the yield for 10-year US Treasuries was decreasing 1.2 basi...
Financial stocks were mixed in Thursday afternoon trading, with the NYSE Financial Index easing 0.1% and the State Street Financial Select Sector SPDR ETF adding 0.2%. The Philadelphia Housing Index was decreasing 0.7%, and the State Street Real Estate Select Sector SPDR ETF was up 0.6%. Bitcoin was declining 1.3% to $67,175, and the yield for 10-year US Treasuries was decreasing 1.2 basis poin...
* Trump's unclear stance on Gulf war fuels inflation fears. * Iran, Oman drafting protocol on Hormuz Strait traffic. * Fed rate-cut expectations fade on worrying inflation data. * Focus shifts to US payrolls report for March. By Gertrude Chavez-Dreyfuss and Wayne Cole.
Treasury yields were jerked higher in Asia on Thursday as dashed hopes for an early end to the Gulf war sent oil prices flying and fanned fears the resulting inflation would close the door to any prospect of easier monetary policy.
Financial stocks advanced late Wednesday afternoon, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF up 0.2%. The Philadelphia Housing Index added 0.7%, and the State Street Real Estate Select Sector SPDR ETF rose 0.4%. Bitcoin rose 0.5% to $68,236, and the yield for 10-year US Treasuries was slightly higher at nearly 4.32%. In economic news, US re...
Financial stocks advanced late Wednesday afternoon, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF up 0.2%. The Philadelphia Housing Index added 0.7%, and the State Street Real Estate Select Sector SPDR ETF rose 0.7%. Bitcoin decreased 0.2% to $68,125, and the yield for 10-year US Treasuries was slightly higher at nearly 4.32%. In corporate news,...
* ISM manufacturing PMI index hits highest since August 2022. * US private payrolls rise in March. * US rate futures shift from pricing hikes to modest easing. * Trump says US will end war in Iran. * Markets await Trump's remarks Wednesday evening. By Gertrude Chavez-Dreyfuss.
Financial stocks advanced Wednesday afternoon, with the NYSE Financial Index rising 1.2% and the State Street Financial Select Sector SPDR ETF gaining 0.6%. The Philadelphia Housing Index climbed 1.3%, and the State Street Real Estate Select Sector SPDR ETF rose 0.5%. Bitcoin increased 0.8% to $68,708, and the yield for 10-year US Treasuries was up slightly at almost 4.32%. In economic news, US...
Financial stocks advanced in Wednesday afternoon trading with the NYSE Financial Index rising 1.2% and the State Street Financial Select Sector SPDR ETF gaining 0.6%. The Philadelphia Housing Index climbed 1.3%, and the State Street Real Estate Select Sector SPDR ETF rose 0.5%. Bitcoin increased 0.8% to $68,708, and the yield for 10-year US Treasuries eased 1 basis point to 4.30%. In corporate ...
* ISM manufacturing PMI hits highest level since August 2022. * Prices-paid index jumps to 78.3, highest since June 2022, amid supply chain issues. * US rate futures shift from pricing hikes to modest easing. * Trump says US will end war in Iran. By Gertrude Chavez-Dreyfuss.
By Jamie McGeever. Are central banks unloading Treasuries amid the controversial U.S.-led war in the Middle East? On the one hand, foreign-owned Treasuries held in custody at the New York Federal Reserve just fell to a 16-year low below $3 trillion. As I wrote last week, the decline in Fed "custody" holdings since the Iran war started on February 28 has been eye-catching.
U.S. Treasury yields came off their lows for the day after a pair of reports on Wednesday showed continued resilience for the world's largest economy, affirming expectations that the Federal Reserve will hold off cutting interest rates for some time. Both U.S. private payrolls for March and retail sales came in higher than expected.
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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