News Results

  1. U.S. Government Bonds Fall Ahead of Fed Meeting
    DJ Business News | 05:19 PM EDT

    U.S. government bond prices swung between gains and losses before falling Monday on signs that conditions are improving for the global economy, curbing demand for safe assets. The yield on the benchmark 10- year Treasury note snapped a two-session streak of declines, settling at 3.078% from 3.068% Friday. Yields rise as bond prices fall.

  2. BOND REPORT: Treasury Yields Rise As Investors Await Fed Meeting
    DJ Business News | 05:08 PM EDT

    Oil prices jump as OPEC, allies fail to boost output. Treasury prices weakened slightly Monday, pushing yields marginally higher, as investors awaited a Federal Reserve meeting that's expected to produce a midweek rate increase and as oil prices jumped to a four-year high. The yield on the 10- year Treasury note rose 0.9 basis point to 3.078%, while the 2- year note yield edged up 0.4 basis point to 2.813%.

  3. CURRENCIES: Dollar Weakness Moderates As Traders Turn Attention To Fed Meeting
    DJ Business News | 03:28 PM EDT

    A slide in the U.S. dollar and a rally by its main rival, the euro, moderated toward the end of the New York trading session on Monday, and investors returned to focusing on this week's Federal Reserve meeting, which is widely expected to deliver a rate increase. Earlier in the session, European Central Bank President Mario Draghi said in introductory remarks at a hearing on economic and monetary matters in the European Parliament that he expected a "vigorous pick-up in underlying...

  4. GDP Revision Expected to Show Little Change -- Data Week Ahead Update
    DJ Business News | 02:05 PM EDT

    The following are forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal. The FOMC meeting statement is scheduled for release Wednesday at 2:00 p.m. ET, followed by a press conference with Fed Chairman Jerome Powell at 2:30 p.m. ET. DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS Tuesday 0900 S&P/Case-Shiller 20 City Jul +6.2% +6.3% HPI 1000 Consumer Confidence Sep 132.0 133.4 1000 Richmond Fed Mfg Svy Sep 20 24 Wednesday 1000 New Home...

  5. U.S. Government Bonds Retrace Losses on Reports of Rosenstein Exiting
    DJ Business News | 12:26 PM EDT

    U.S. government bond prices retraced earlier declines Monday after news reports said that Deputy Attorney General Rod Rosenstein was likely to leave the Trump administration. The yield on the benchmark 10- year Treasury note recently traded at 3.078%, according to Tradeweb, down from an early-session high of 3.091% and up from 3.068% Friday. Yields rise as bond prices fall.

  6. Brazil Posted Current Account Deficit in August as Trade Weakens, Says Central Bank
    DJ Business News | 10:19 AM EDT

    BRASILIA--Brazil reported its second monthly current-account deficit in a row as trade performance worsened, the central bank said Monday. The country recorded a $717 million shortfall in its transactions with foreign nations in August. It was an improvement versus the $4.4 billion deficit posted in July, but wider than the $320 million hole reported a year earlier, the bank said.

  7. Mexican Consumer Prices Rise Less Than Expected
    DJ Business News | 10:11 AM EDT

    MEXICO CITY-- Mexico's inflation slowed in the first half of September as a drop in agricultural prices partially offset higher energy costs and increases in school fees at the start of the fall term. The consumer-price index rose 0.22% from the end of August, bringing the annual inflation rate down to 4.88% from 4.9%, the National Statistics Institute said Monday. The rise was below market expectations, and could give some comfort to the Bank of Mexico ahead of its Oct. 4 monetary...

  8. Hong Kong Interbank Rates Jump to Decade Highs After Currency Surge
    DJ Business News | 03:40 AM EDT

    Hong Kong's Hang Seng Index fell about 1.6%, led by property stocks. Markets in Japan, South Korea, mainland China and Taiwan were closed for holidays. Some of the short-term rates banks in Hong Kong charge each other leapt to their highest levels in roughly a decade, in the first trading session after a sudden surge in the city's tightly controlled currency.

  9. News Highlights: Top Global Markets News of the Day
    DJ Business News | 03:15 AM EDT

    Global Economy Week Ahead: Fed Policy Statement, GDP Estimate and Other Data. In the week ahead, the Federal Reserve releases its policy statement, while the U.S. Commerce Department releases gross-domestic product revisions, personal-income and durable-goods data.

  10. Singapore Inflation Picked Up Slightly in August
    DJ Business News | 01:21 AM EDT

    SINGAPORE--Singapore's consumer prices rose as expected in August, driven by higher food, clothing and health-care costs. The consumer-price index rose 0.7% in August from the previous year, accelerating from a 0.6% gain in July, data from the Department of Statistics showed Monday. The cost of food, which has an index weighting of 21.7%, gained 1.7% in August from a year earlier, the data showed.

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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