* German bonds rise in contrast with U.S. Treasuries. * Benchmark US Treasury yield jumps 14 bps. * Markets add to ECB easing bets. * Trump's tariffs come into effect, triggering more market turmoil. By Samuel Indyk and Lucy Raitano.
* Trump's tariffs on China trigger fears of recession. * U.S. Treasuries and dollar hit by selloff, yields rise sharply. * U.S. stocks higher in early trading, led by Nasdaq. By Caroline Valetkevitch and Amanda Cooper.
U.S. Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure on Wednesday, in a sign that investors were dumping their safest assets as turmoil unleashed by U.S. tariffs prompts forced selling and a dash for cash.
* Bond liquidations send yields sharply higher. * Volumes surge in overnight trading. * Treasury to sell $39 bln 10-year notes on Wednesday. By Karen Brettell. Benchmark 10-year U.S. Treasury note yields jumped to a seven-week high on Wednesday on what appeared to be large liquidations of the debt, with trading volumes overnight totaling more than four times the average.
* Trump's tariffs on China trigger fears of recession. * U.S. Treasuries and dollar hit by selloff, yields rise sharply. * Global markets face crisis-era volatility, stocks and commodities plummet. By Amanda Cooper.
* Longer-dated German bonds little changed. * Benchmark US Treasury yields jump 12.6 bps. * Markets add to ECB easing bets. * Trump's tariffs come into effect, triggering more market turmoil. By Samuel Indyk and Lucy Raitano.
* Longer-dated German bonds little changed. * Benchmark US Treasury yields jump 12.5 bps. * Markets add to ECB easing bets. * Trump's tariffs come into effect, triggering more market turmoil. By Samuel Indyk.
* Hedge funds unwind 'basis trades' * 10-year Treasury yield spiked above 4.5% * Dollar falls vs euro, yen and Swiss franc. * Live updates on latest developments and global reaction. By Tom Westbrook, Rae Wee and Dhara Ranasinghe.
* Longer-dated German bonds little changed. * Benchmark US Treasury yields jump 11 bps. * Trump's tariffs come into effect triggering more market turmoil. By Samuel Indyk.
* Trump's tariffs on China trigger fears of recession. * U.S. Treasuries and dollar hit by selloff, yields rise sharply. * Global markets face crisis-era volatility, stocks and commodities plummet. By Amanda Cooper and Stella Qiu.
Longer-dated euro zone bonds fell on Wednesday, dragged lower by a sell-off in U.S. Treasuries that declined for a third day in a sign that investors are dumping even their safest assets following the tariff-induced market rout.
U.S. Treasuries extended heavy losses on Wednesday in a sign investors are dumping even their safest assets as a global market rout unleashed by U.S. tariffs took another twist. Warning signals had been flashing for a few days as spreads between Treasury yields and swap rates in the interbank market collapsed under a weight of bond selling.
The sharp rise in Treasury yields likely stems from the unwinding of basis trades and could trigger liquidity crisis, deepening the sell-off in risk assets.
* Oil prices dive almost 4%, safe-haven currencies gain. * Wall St futures down 1.5%, Nikkei tumbles 3.8% * The onshore yuan hovers just above the lowest since 2007. * Longer-dated Treasuries getting slammed in Asia. By Stella Qiu.
U.S. Treasuries, the bedrock of the global financial system, were hit by fresh selling pressure on Wednesday, in a sign that investors were dumping their safest assets as turmoil unleashed by U.S. tariffs prompts forced selling and a dash for cash.
The latest escalation in the trade war between the United States and China rattled global markets again on Wednesday, with Treasuries and the U.S. dollar falling in a selloff of some U.S. assets. U.S. stocks edged higher in early New York trading, however, led by a more than 1% rise in the Nasdaq and with technology leading gains among S&P 500 sectors.
The latest escalation in the trade war between the United States and China rattled global markets again on Wednesday, with Treasuries and the U.S. dollar falling in a selloff of some U.S. assets. U.S. stocks edged higher in early New York trading, however, led by a more than 1% rise in the Nasdaq and with technology leading gains among S&P 500 sectors.
President Donald Trump?s tariff announcements led to a sell-off in the stock market and prompted investors to move to safer assets such as Treasury bonds. Mortgage Rates: Despite the initial drop, mortgage rates rebounded as Treasury yields ticked back up. The current rate for a 30-year fixed mortgage sits at 6.85%, according to Mortgage News Daily.
* Two-, 10-year yield curve steepest since Feb. 2022. * US raises tariffs on Chinese imports. * Soft demand for $58 billion three-year note auction. By Karen Brettell.
* Some investors thought to be selling bonds to deleverage. * US calls China's retaliation against its tariffs a 'big mistake' * Soft demand for $58 billion three-year note auction. By Karen Brettell.
* Some investors thought to be selling bonds to deleverage. * US calls China's retaliation against its tariffs a 'big mistake' * US Treasury sells $58 billion of three-year notes on Tuesday. By Karen Brettell.
The yield on the benchmark U.S. Treasury bond has fallen dramatically since President Donald Trump took office in January. The term premium, a component of yields, is a measure of the compensation investors want for the risk of lending money for the life of a 10-year Treasury bond.
* Yields rise on tariff optimism. * Some investors thought to be selling bonds to deleverage. * US Treasury to sell $58 bln bln three-year notes on Tuesday. By Karen Brettell. U.S. Treasury yields jumped on Tuesday for the second day on greater optimism that U.S. President Donald Trump will strike deals with trading partners that limit the expected economic fallout from tariffs.
After a wild Monday, equity trading appears to have calmed somewhat even as the U.S.-inspired trade war ratchets up. Today's Market Minute. * China refused to bow to what it called "blackmail" from the United States as a global trade war ignited by President Donald Trump's sweeping tariffs showed little sign of abating on Tuesday.
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Financial Industry and Financial Markets. After a wild Monday, equity trading appears to have calmed somewhat even as the U.S.-inspired trade war ratchets up. Today's Market Minute.
One of the most volatile trading sessions since March 2020 exposed deep cracks in the global financial system?foreign selling of U.S. Treasury notes is questioned.
Japanese government bond yields jumped on Tuesday, tracking U.S. Treasury yields' overnight rise, as investors turned to a risk-on mode as local equities logged sharp gains. The 10-year JGB yield climbed 14 basis points to 1.25% in its steepest daily jump since December 2022.
"The changing momentum on what the market is looking for on tariffs and the volatility in the equity market is spilling over into the Treasury market, and munis can only fight the Treasury market for so long," said Pat Luby, head of municipal strategy at CreditSights.
* Treasury yields higher on day on tariff optimism. * Two-year yields earlier reach lowest since September 2022. * Tariff uncertainty expected to keep market volatile. By Karen Brettell. U.S. Treasury yields rebounded on Monday on rising optimism that some countries may negotiate deals with U.S. President Donald Trump to avoid trade tariffs.
* Asian stock markets : https://tmsnrt.rs/2zpUAr4. * S&P 500 futures drop over 4%, Nikkei slides almost 8% * Futures price in extra 25bps Fed easing this year. * Dollar down with Treasury yields, yen climbs. * Oil dives as global recession risks mount. By Wayne Cole.
Most major stock indexes ended a turbulent Monday lower as U.S. President Donald Trump showed no sign of easing up on his global trade war, while U.S. Treasury yields rebounded. The European Union proposed counter-tariffs on Monday, while Trump threatened to add another 50% duty on U.S. imports from China on Wednesday if it did not withdraw its 34% retaliatory tariffs from last week.
Most major stock indexes ended a turbulent Monday lower as U.S. President Donald Trump showed no sign of easing up on his global trade war, while U.S. Treasury yields rebounded. The European Union proposed counter-tariffs on Monday, while Trump threatened to add another 50% duty on U.S. imports from China on Wednesday if it did not withdraw its 34% retaliatory tariffs from last week.
The 10-year Treasury just notched its best week since August, as a market flight to safety sent yields tumbling below 4%. Investors rushing out of risk assets have piled into government bonds, pushing Treasury prices higher and handing the iShares 20+ Year Treasury Bond ETF a solid boost. Chart created using Benzinga Pro TLT is riding the wave, up 6.53% year-to-date and 2.03% in the past month.
Global bank stocks tanked on Friday, exacerbating a punishing selloff in the wake of U.S. President Donald Trump's sweeping tariffs, Japanese banks tanked, European banking stocks slid 7% and were set for the biggest one-day fall since February 2022, while safe-haven U.S. Treasuries gained. Traders meanwhile priced in more than 100 basis points of Federal Reserve rate cuts this year.
Japanese banks tanked on Friday and stocks globally extended a punishing selloff in the wake of U.S. President Donald Trump's sweeping tariffs, helping drive a rally in U.S. Treasuries and supporting gold near a record peak. Benchmark 10-year U.S. Treasury yields slid under 4% and traders priced in more than 100 basis points of Federal Reserve rate cuts this year.
* Stocks struggle after global selloff on Trump's tariffs. * Investors fear U.S. recession, ramp up bets on Fed rate cuts. * Safe-haven assets rise; gold near record high. By Rae Wee.
* Trump's tariffs stoke recession fears, impacting global markets. * Yields on U.S. Treasuries drop significantly amid economic concerns. * Gauge of U.S. services sector hits nine-month low. By Chuck Mikolajczak.
* Dollar follows Treasury yields lower on US growth worries. * Investors flee to safe havens yen and Swiss franc. * Asian currencies struggle in the face of US tariffs. By Yadarisa Shabong and Ankur Banerjee.
* Dollar follows Treasury yields lower on US growth worries. * Investors flee to safe havens yen and Swiss franc. * Asian currencies struggle in the face of US tariffs. By Ankur Banerjee and Yadarisa Shabong.
* Dollar follows Treasury yields lower on US growth worries. * Investors flee to safe havens yen and Swiss franc. * Asian currencies struggle in the face of US tariffs. By Ankur Banerjee.
-World markets were slammed on Thursday by U.S. President Donald Trump's unveiling of reciprocal tariffs to match duties put on U.S. goods by other countries. Stock markets tumbled and investors dashed to the relative safety of bonds, gold and the yen. U.S. Treasury yields slid, China's yuan dropped to a seven-week low, crude oil slumped and the dollar came under heavy selling pressure.
* Gold gains ground on safe-haven flows. * Treasury yields fall while U.S. dollar loses ground. * Trading choppy after Trump tariff announcements. By Sin?ad Carew.
U.S. Treasury yields fell on Wednesday and two-year yields were the lowest in three weeks after U.S. President Donald Trump said he is imposing reciprocal tariffs to match duties put on U.S. goods by other countries.
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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