News Results

  1. Trump's Big Tax Bill Clears The House: 30-Year Yields Jump To 5.15% As Bond Market Freaks
    Benzinga | 09:29 AM EDT

    The U.S. House narrowly passed President Donald Trump's sweeping tax-cut bill Thursday, triggering a spike in Treasury yields as investors reacted to the bill's multi-trillion-dollar price tag and its long-term implications for debt sustainability. The yield on 30-year Treasury bonds surged to 5.15% in early New York trading, marking the highest level since October 23, 2023.

  2. Unitedhealth, Snowflake, Navitas, Nike, And Target: Why These 5 Stocks Are On Investors' Radars Today
    Benzinga | 05/21/25 10:09 PM EDT

    In a volatile trading session on Wednesday, the S&P 500 and Nasdaq indices faced downward pressure as Treasury yields spiked above 5%. This surge in yields led to a broad selloff, particularly impacting high-growth and tech stocks.

  3. Lucid Group (LCID) Stock Falls Amid Surging Treasury Yields: What's Going On?
    Benzinga | 05/21/25 04:21 PM EDT

    Shares of Lucid Group Inc (LCID) , a U.S. electric vehicle maker, fell 7% to $2.75 on Wednesday afternoon, as rising long-term Treasury yields shook investor confidence in high-growth companies. What To Know: Lucid, like many speculative growth stocks, is sensitive to interest rate changes because higher yields reduce the present value of future earnings, making such stocks less attractive.

  4. iShares TLT Hits 6-Month Low After Weak Treasury Auction
    Benzinga | 05/21/25 03:32 PM EDT

    The iShares 20+ Year Treasury Bond ETF, a closely watched gauge of long-term U.S. government debt, fell 1.7% on Wednesday to its lowest level in six months. The selloff also reflects deepening concern over America's fiscal trajectory, with long-term yields rising in the wake of Moody's recent downgrade of U.S. sovereign credit.

  5. 5% Treasury Yields Are Back, And So Are Painful Mortgage Rates
    Benzinga | 05/21/25 08:35 AM EDT

    Mortgage rates have jumped to their highest level in three months as U.S. Treasury yields, driven by rising deficits and fiscal policy fears, push the 30-year benchmark above the critical 5% mark. According to the latest Mortgage Bankers Association report, mortgage application volumes in the U.S. dropped 5.1% for the week ending May 16, the steepest decline in a month.

  6. US Faces 'Death By A Thousand Cuts' As National Debt Tops $36 Trillion, Cautions Deutsche Bank: '...The Drip, Drip, Drip Of Poor Fiscal News Building Up...'
    Benzinga | 05/21/25 03:09 AM EDT

    The U.S. economy is facing a potential crisis as the national debt continues to rise, sparking concerns among economists and analysts. What Happened: Deutsche Bank?s Jim Reid expressed his concerns about the U.S. fiscal situation.

  7. JPMorgan CEO Jamie Dimon Warns 'Huge Deficits,' 'Complacent Central Banks' Could Lead To Stagflation
    Benzinga | 05/19/25 06:59 PM EDT

    JPMorgan Chase & Co. CEO Jamie Dimon delivered a sobering assessment of the economic landscape at the bank's annual investor day on Monday. The head of the nation's largest bank warned that markets are displaying an "extraordinary amount of complacency" in the face of mounting risks from tariffs, record U.S. deficits and geopolitical tensions.

  8. Options Corner: Redfin's Value Compression Sets The Stage For A Bullish Bounce Back
    Benzinga | 05/19/25 05:18 PM EDT

    It's no secret that real estate brokerage and mortgage origination service provider Redfin Corp (RDFN) is struggling. Fundamentally, analysts refer to the above concept as value compression. Regarding interest rates, the Federal Reserve is keeping a watchful eye on core economic metrics.

  9. US Rating Downgrade Pushes Treasury Yields To 5%: What It Means For Stocks
    Benzinga | 05/19/25 01:13 PM EDT

    The Moody's downgrade of U.S. credit on Friday sent shockwaves through markets, driving 30-year Treasury yields to 5% ? a level unseen since October 2023 ? reviving fears about debt sustainability and putting downward pressure on equity valuations across the board. Moody's decision marks the third U.S. credit rating downgrade since 2011, following S&P's move in 2011 and Fitch's in 2023.

  10. S&P 500 Gains For Fifth Session: Investor Sentiment Improves, Fear Index Remains In 'Greed' Zone
    Benzinga | 05/19/25 03:20 AM EDT

    The CNN Money Fear and Greed index showed an improvement in the overall market sentiment, while the index remained in the ?Greed? zone on Friday. U.S. stocks settled higher on Friday, with the S&P 500 recording gains for the fifth straight session and also notching weekly gains.

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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