Japanese government bond yields fell on Friday, led by the longest-dated debt, with investors optimistic that a likely landslide win for the coalition government in Sunday's snap election will temper any expansion of fiscal ?stimulus. Yields were also under pressure from a sharp decline in U.S. Treasury yields overnight ?as economic data pointed to a weaker-than-expected jobs market.
* Traders anticipate two 25 basis point rate cuts this year. * Kevin Warsh expected to adopt dovish stance as new Fed Chair. * Two-year yields hit four-week low aftrer weak jobs data. By Karen Brettell.
MSCI's global equities gauge slumped more than 1% on Thursday as worries deepened about the enormous cost of the artificial intelligence boom, while U.S. Treasuries were in demand after weak labor market data and, in commodities, silver took another hammering.
* * Dollar rises against yen and other currencies. * Oil rallies as traders focus on US-Iran tensions. * US Treasury yields mixed. By Sin?ad Carew and Amanda Cooper.
Investors are ramping up bets on higher long-dated Treasury yields and a steeper yield curve as incoming Federal Reserve Chair Kevin Warsh is expected to press for interest rate cuts while shrinking the U.S. central bank's balance sheet.
* Warsh's Fed leadership may lead to balance sheet reduction. * Economic data delayed due to partial government shutdown. * Rising productivity aids Fed's inflation battle, says Barkin. By Karen Brettell.
* Global equities index dips as Wall Street loses ground. * Gold and silver rise after two-day selloff. * Dollar falls, US Treasury yields up. * RBA hikes rates to 3.85%; Aussie bounces. By Sin?ad Carew and Amanda Cooper.
Investors are ramping up bets on higher long-dated Treasury yields and a steeper yield curve as incoming Federal Reserve Chair Kevin Warsh is expected to press for interest rate cuts while shrinking the U.S. central bank's balance sheet.
* Stocks rise as gold attempts a recovery. * Dollar falls, U.S. Treasury yields up. * RBA hikes rates to 3.85%; Aussie bounces. By Sin?ad Carew and Amanda Cooper.
* Warsh's Fed leadership may lead to balance sheet reduction. * Economic data delayed due to partial government shutdown. * Rising productivity aids Fed's inflation battle, says Barkin. By Karen Brettell.
Euro zone government bond yields rose on Tuesday, taking the lead from U.S. Treasuries as markets assessed how Kevin Warsh, tapped to be the next Federal Reserve chair, could shape the Fed's policy trajectory. Warsh, ?President Donald Trump's nominee to be Fed chair, has called on the central bank ?to lower rates, highlighting stronger productivity growth from AI.
* Warsh's past hawkish stance contrasts with current dovish tone. * Market uncertain about Warsh impact on Fed balance sheet policy. * Jobs report for January delayed due to partial government shutdown. By Karen Brettell.
* US yield curve steepens with Warsh nomination. * Balance sheet may not be primary focus for Warsh, analyst says. * US producer prices rise in December, lift yields. * US rate futures price in two full cuts in 2026. By Gertrude Chavez-Dreyfuss.
* US yield curve steepens with Warsh nomination. * Balance sheet may not be primary focus for Warsh -analyst. * US producer prices rise in December, lifts yields. * US rate futures price in two cuts in 2026. By Tom Westbrook, Amanda Cooper and Gertrude Chavez-Dreyfuss.
U.S. Treasury yields rose on Friday after ?data showed producer ?prices in the ?world's largest economy ?came ?in hotter than expected ?in ?December, suggesting the Federal Reserve will ?be in ?no ?rush to cut interest rates over the ?next several months.
Long-dated U.S. Treasury prices fell on Friday after President Donald Trump said he would nominate former Federal Reserve Governor Kevin Warsh to head the U.S. central bank. Warsh has called for regime change at the Fed, seeking among other things a smaller balance sheet, ?meaning he could push to reduce the amount of bonds the bank owns.
Long-dated U.S. Treasuries were sold in Asia on Friday on speculation President Donald Trump would nominate former Federal Reserve Governor Kevin Warsh to head the U.S. central bank and that he would push to reduce the amount of ?bonds the bank owns.
* Investors await payrolls data next week for signals on economy. * Fed chief upbeat about economy, but hints at medium-term cuts. * Markets expect an agreement to avert government shutdown. By Tatiana Bautzer.
* Investors await payrolls data next week for signals on economy. * Fed chief upbeat about economy, but hints at medium-term cuts. * Yield curve steepens on inflation worries. By Tatiana Bautzer.
* Waller, Miran dissent on Fed decision in favor rate cut. * Fed's Powell says rate hike not part of baseline outlook. * US 2/10 yield curve flattens a bit as inflation worries ease. * US rate futures expect less than two rates in 2026. By Gertrude Chavez-Dreyfuss.
U.S. Treasury yields advanced on Wednesday, briefly extending earlier gains, after the Federal Reserve left interest rates steady, as widely expected, and noted that inflation remained elevated and the labor market ?continued to stabilize. The Fed held rates unchanged at the 3.50%-3.75% range following a two-day meeting.
U.S. Treasury yields extended their gains on ?Wednesday after the ?Federal Reserve left interest ?rates steady, ?as ?widely expected, and noted ?inflation remained ?elevated and the labor market ?continued to ?stabilize. Following ?the Fed decision, the benchmark 10-year ?yield gained 4.2 basis points to 4.265%, compared with 4.259% just ?before.
U.S. Treasury yields were mixed on Tuesday as investors positioned ahead of a Federal Reserve policy decision that is widely expected to leave interest rates unchanged, while also eyeing a five-year note auction for fresh signals ?on demand for U.S. government debt.
* Auction of 2-year notes shows solid results. * US market reacts to sharp rise in French, German bonds. * Rieder and Warsh seen as most likely Fed chair picks. * FOMC expected to keep rates unchanged this week. By Tatiana Bautzer.
Euro zone bond yields nudged lower on Monday but benchmark German yields dropped less than U.S. ones and struggled to break far from their one-month top hit on Friday, with analysts saying the medium-term path for Bund yields is higher.
* Bond investors consolidate positions ahead of Fed. * Friday's data supportive of Fed rate pause. * US yield curve flattens for 3rd day. By Gertrude Chavez-Dreyfuss.
* Global stocks up slightly as Greenland tensions ease. * Oil settles up almost $2 on Trump threats on Iran. * Yen spikes against dollar, with traders on intervention watch. * Dollar falls broadly, U.S. Treasury yields dip. By Sin?ad Carew and Iain Withers.
* Global stocks flat as Greenland tensions ease. * Oil gains on Trump threats on Iran. * Potential for yen intervention in focus. * U.S. Treasury yields dip. By Sin?ad Carew and Iain Withers.
* Bond investors consolidate positions ahead of Fed. * Friday's data supportive of Fed rate pause. * US yield curve flattens for 3rd day. By Gertrude Chavez-Dreyfuss.
* Trump says US will have total, permanent access to Greenland. * Even with Greenland deal, caution persists -strategist. * US data mixed, inflation benign, but little rates reaction. * US yield curve continues to flatten, as tariff risk off for now. * US 10-year TIPS auction shows weak results. By Gertrude Chavez-Dreyfuss.
* Trump says US will have total, permanent access to Greenland. * Even with Greenland deal, caution persists -strategist. * US data mixed, inflation benign, but little rates reaction. * US yield curve continues to flatten, as tariff risk off for now. By Gertrude Chavez-Dreyfuss.
Europe accounted for 80% of foreign buying of U.S. Treasuries from April to November last year, according to portfolio data tracked by Citi, suggesting little interest in the region for the 'Sell America' trade during last year's market turmoil.
* Most foreign U.S. Treasury purchases from Europe since Liberation Day, data shows. * Talk of 'Sell America' trade back up after Greenland tensions. * Appetite for European and U.S. debt has been strong, Citi say. By Yoruk Bahceli.
U.S. stocks jumped and Treasury yields fell on Wednesday after President Donald Trump said a framework of an agreement over Greenland had been reached, and that tariffs on several European countries scheduled for February 1 will no longer be imposed. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
U.S. stocks jumped and Treasury yields fell on Wednesday after President Donald Trump said a framework of an agreement over Greenland had been reached, and that tariffs on several European countries scheduled for February 1 will no longer be imposed. If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
* Japanese bonds rally, underpin Treasuries. * Trump says US won't use force on Greenland. * Investors focus on US 20-year auction. By Gertrude Chavez-Dreyfuss. U.S. Treasury yields edged lower on Wednesday, pulling back from multi-month highs reached in the previous session after a steep selloff, as a recovery in Japanese government bonds helped steady global fixed-income markets.
* PIF taps debt market for the first time in 2026. * Indicative pricing for 10-year sukuk set at 120 basis points over U.S. Treasuries. * Orders from investors exceed $7 billion.
The White House may shrug off any fallout from the simmering transatlantic trade war on U.S. stocks or even the dollar, but a surge in U.S. Treasury yields could prove especially toxic for Donald Trump's administration in a mid-term election year.
* Trump steps up push to take control of Greenland. * Stocks selloff across Wall Street, Europe and Asia. * US Treasury yields spike, curve steepens. * Gold, silver climb to record highs. By Chibuike Oguh and Elizabeth Howcroft.
* US 10-year yield hits highest since late August. * US 30-year yields rise to highest since early September. * US 2/10 yield curve hits widest on two weeks. * US rate futures price in less than two cuts in 2026. By Gertrude Chavez-Dreyfuss.
* Trump steps up push to take control of Greenland. * Stocks selloff across Wall Street, Europe and Asia. * US Treasury yields spike, curve steepens. * Gold, silver climb to record highs. By Chibuike Oguh and Elizabeth Howcroft.
* US 10-year yield hits highest since late August. * US 30-year yields rise to highest since early September. * US 2/10 yield curve hits widest on two weeks. * US rate futures price in less than two cuts in 2026. By Gertrude Chavez-Dreyfuss, Tom Westbrook and Alun John.
* Trump steps up push to take control of Greenland. * Stocks selloff across Wall Street, Europe and Asia. * US Treasury yields spike, curve steepens. * Gold, silver climb to record highs. By Chibuike Oguh and Elizabeth Howcroft.
* Trump steps up push to take control of Greenland. * Market reaction less severe than after "Liberation Day" tariffs, Amundi says. * US Treasury yields spike, curve steepens. By Elizabeth Howcroft.
* Trump steps up push to take control of Greenland. * Market reaction less severe than after "Liberation Day" tariffs, Amundi says. * US Treasury yields spike, spreads steepen. By Elizabeth Howcroft.
* Yields edge up, remain range-bound. * Bowman says Fed should be ready to cut rates. * Trump says he may keep Hassett in current role. By Chuck Mikolajczak. U.S. Treasury yields advanced on Friday and were poised for a weekly advance as investors weighed mixed economic data and unprecedented pressure from the White House to lower interest rates.
* Yields edge up, remain range-bound. * Several Fed officials due to speak on Friday. * Trump says he may keep Hassett in current role. By Chuck Mikolajczak. U.S. Treasury yields rose on Friday and were on pace for a weekly advance as investors weigh recent economic data and the path of interest rates from the Federal Reserve in the near term.
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.