News Results

  1. TREASURIES-US yields climb after data; 10-yr set for monthly drop
    Reuters | 02:52 PM EDT

    * Job openings rose 9,000 to 7.594 million in May. * 10-yr yield set for first monthly drop in four. * Two-year yield set for fourth straight monthly climb. By Chuck Mikolajczak.

  2. BRIEF-S&P Says Airbus Upgraded To 'A+' On Solid Financial Flexibility, Outlook Stable
    Reuters | 02:27 PM EDT

    S&P: * S&P: AIRBUS SE UPGRADED TO 'A+' ON SOLID FINANCIAL FLEXIBILITY, OUTLOOK STABLE; DEBT RATINGS RAISED TO 'A+' Further company coverage:

  3. US job openings rise to two-year high, but hiring still struggling
    Reuters | 02:15 PM EDT

    * Job openings increase 9,000 to 7.594 million in May. * Healthcare and social assistance vacancies drop 115,000. * Hiring falls for second straight month; layoffs rise in healthcare and social assistance sector. * Consumer confidence edges up in June; labor market perceptions deteriorate. By Lucia Mutikani.

  4. Nevada releases fiscal 2024 audited financials
    SourceMedia Bond Buyer | 02:12 PM EDT

    The state took nearly two years to publish its fiscal 2024 annual comprehensive financial report ? and that was an improvement.

  5. Update: Gold Steady Despite a Rising Dollar and Higher Treasury Yields
    MT Newswires | 02:00 PM EDT

    Gold was steady midafternoon on Tuesday, sticking above $4,000 even as the dollar and yields rose. Gold for August delivery was last seen up 0.1% to $4,042.60 per ounce. The price of the metal has dropped 10% over the past month as investors worry rising US inflation due to higher energy prices will force a hike to US interest rates, bearish for the metal since it offers no yield.

  6. Sector Update: Financial Stocks Lower Tuesday Afternoon
    MT Newswires | 01:50 PM EDT

    Financial stocks were softer in Tuesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each decreasing about 0.2%. The Philadelphia Housing Index was shedding 0.7%, and the State Street Real Estate Select Sector SPDR ETF fell 1.3%. Bitcoin dropped 2.9% to $58,402, and the yield for 10-year US Treasuries was rising 3.2 basis points to 4.406...

  7. Litigation filed to stop Oklahoma Turnpike project, bond funding
    SourceMedia Bond Buyer | 01:41 PM EDT

    A lawsuit filed in federal court comes as the turnpike was seeking approval from a state oversight council for $1.5 billion of revenue bonds.

  8. AM Best Affirms Credit Ratings of JSC Insurance Company Aldagi Group
    Business Wire | 01:30 PM EDT

    AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of JSC Insurance Company Aldagi Group. The ratings reflect Aldagi?s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management.

  9. Federal Home Loan Bank of New York Invests $25 Million to Support Affordable Housing Supply in New York City
    GlobeNewswire | 01:26 PM EDT

    ? ? New York City Housing Development Corporation bond purchase will help create or rehabilitate 1,027 units of affordable housing ? The Federal Home Loan Bank of New York announced a $25 million investment in a New York City Housing Development Corporation bond issuance that will help create or substantially rehabilitate 1,027 units of affordable housing for HDC?s ELLA housing program.

  10. San Juan plans to borrow $356 million
    SourceMedia Bond Buyer | 01:23 PM EDT

    Separately, the Puerto Rico Oversight Board approved the second consecutive consensually agreed upon budget, balanced according to modified accrual standards.

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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