* Equities rally but S&P 500, Nasdaq fall for the week. * Greenback dips as risk assets catch a bid. * Cryptocurrencies, precious metals rebound after steep losses. * Oil settled higher as US-Iran talks get under way. By Sin?ad Carew and Sophie Kiderlin.
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.
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.
Issuance was $34.308 billion in 471 issues, down 7.2% year-over-year from $36.982 billion across 536 transactions in 2025. However, this was the third-highest monthly figure for January and above the month's 10-year average of $29.699 billion
KBRA assigns preliminary ratings to 58 classes from Connecticut Avenue Securities Trust 2026-R01, a credit risk sharing transaction with a total note offering of $661,674,000. The Reference Pool consists of 52,876 residential mortgage loans with an outstanding principal balance of approximately $18.8 billion as of the cut-off date.
* Trump picks former Fed official Warsh to run Fed. * Jerome Powell's term as chair ends in May. * Dollar gains on the day, US stocks edge lower as markets react. By Lewis Krauskopf, Dhara Ranasinghe and Tom Westbrook.
The choice of Kevin Warsh to lead the U.S. Federal Reserve clears uncertainty on Wall Street about the central bank's likely next chair, but leaves investors weighing how the former Fed governor's past hawkish leanings will mesh with President Donald Trump's insistence on far lower interest rates.
Greystone, a leading national commercial real estate finance company, announced it has provided a $49,207,000 Fannie Mae DUS? loan to refinance a 150-unit multifamily community located in Norwalk, Connecticut. Built in 2024 in Fairfield County, SoNo Central is a six-story apartment complex featuring studio, one-, and two-bedroom units, and 12 commercial units.
Synchrony Financial's (SYF) fourth-quarter interest income missed estimates on Tuesday, as CEO Brian Doubles warned that a proposed U.S. cap on credit-card interest rates would ?force issuers to pull back on lending, hitting lower-income consumers hardest.
Munis were the best-performing U.S. fixed-income asset class through the first three weeks of January, but the strong performance has created some problems, Barclays (BCS) strategists said.
Current events and financial developments outside of the muni sector mean that investors should hold off buying munis until rates correct, said Matt Fabian, president of Municipal Market Analytics.
* 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.
* JPMorgan Chase (JPM) beats estimates for Q4 profit. * Delta Air profit forecast disappoints. * December CPI rises 2.7% YoY. By Caroline Valetkevitch. U.S. stocks ended lower on Tuesday, led by a drop in financial shares as comments from JPMorgan (JPM) executives added to ?worries about U.S. President Donald Trump's recent proposal for a cap on credit-card rates.
The National Association of State Treasurers officially announced new leadership for 2026, including new president Michigan State Treasurer Rachael Eubanks.
Improved risk sentiment after the capture of Venezuelan President Nicol?s Maduro helped pull investors into all markets and munis are a "beneficiary" of that shift, said James Pruskowski, an investor and market strategist.
With the muni calendar "heating up" ahead of another projected year of record issuance, Jeff Lipton, The Bond Buyer's market intelligence strategist, expects "investor demand to comfortably digest the new supply given reinvestment needs and compelling yield and income opportunities."
Moody's Ratings upgraded the Rhode Island Airport Corporation's airport revenue bonds for Providence's T.F. Green International Airport to A3 from Baa1.
December 16, 2025-- ITT Inc. (ITT) today announced that leading ratings agencies Moody?s, S&P Global Ratings and Fitch Ratings have reaffirmed the company?s current investment grade credit ratings with a stable outlook following the announcement of its agreement to acquire SPX FLOW and the closing of its underwritten public offering of $1.31 billion of common stock.
RH shares rose Friday even after the luxury retailer missed Q3 earnings estimates and cut full-year guidance. RH reported earnings of $1.71 per share, missing the $2.16 analyst estimate by 20.87%. Following the print, Telsey Advisory Group analyst Cristina Fern?ndez reiterated a Market Perform rating but lowered her price target from $220 to $185.
* Oracle shares fall after quarterly results; Nasdaq down as well. * Dollar down against euro, other currencies in wake of Fed news Wed. * Treasury yields also fall. * Broadcom (AVGO) shares weaker after the bell. By Caroline Valetkevitch.
Major stock indexes mostly rose on Thursday, with the Dow and S&P 500 posting record closing highs, while the dollar and U.S. bond yields extended declines from the day before, when the Federal Reserve cut interest rates but gave a less hawkish outlook than expected.
Affordability in the US housing market is expected to improve next year amid lower mortgage rates and muted price growth, News Corp's Realtor.com said in a report on Wednesday. The 30-year fixed mortgage rate in the US was 6.19% as of Dec. 4, compared with 7.04% in mid-January, Freddie Mac data showed.
* Job openings rise unexpectedly. * * Market anticipates 'hawkish cut' with higher bar for future cuts. By Chuck Mikolajczak. Most U.S. Treasury yields advanced on Tuesday, erasing earlier declines after a report on the labor market and before a Federal Reserve policy announcement in which the central bank is largely expected to cut interest rates.
* Job openings rise unexpectedly. * * Market anticipates "hawkish cut" with higher bar for future cuts. By Chuck Mikolajczak. U.S. Treasury yields were mostly higher on Tuesday, erasing earlier declines after data on the labor market and ahead of a Federal Reserve policy announcement in which the central bank is largely expected to cut interest rates.
* Warner Bros gains after Netflix (NFLX) agrees to buy the company. * Investors assess inflation and consumer sentiment data. * Ulta Beauty soars after raising forecasts. By Chuck Mikolajczak. NEW YORK, Dec 5 - U.S. stocks closed out the trading week with slight gains on Friday as the latest flurry of economic data kept elevated expectations for a Federal Reserve interest rate cut next week intact.
U.S. stocks closed out the trading week with slight gains on Friday as the latest flurry of economic data kept elevated expectations for a Federal Reserve interest rate cut next week intact.
The muni market is dealing with elevated supply this week and secondary flows have "reacted in tandem," said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.
The transaction, which supports the Navajo community in Ganado, Arizona, represents a major landmark in furthering Native American health care infrastructure, overcoming hurdles tribal governments typically face in issuing municipal debt to open a replicable path to market other indigenous health systems can follow.
* * Bristol Myers gains after rival's positive late-stage data. By Stephen Culp. Wall Street stocks closed higher on Monday, extending Friday's rally as increased odds that the U.S. Federal Reserve will lower its Fed funds target rate in December helped investors look past concerns about inflated tech valuations.
GXO Logistics (GXO), Inc.?, the world?s largest pure-play contract logistics provider, today announced the completion of its inaugural European bond offering, with its wholly owned subsidiary GXO Logistics Capital B.V. issuing ?500m in senior unsecured notes.
Wall Street stocks closed higher on Monday, extending Friday's rally as increased odds that the U.S. Federal Reserve will lower its Fed funds target rate in December helped investors look past concerns about inflated tech valuations.
Wall Street stocks closed higher on Monday, extending Friday's rally as increased odds that the U.S. Federal Reserve will lower its Fed funds target rate in December helped investors look past concerns about inflated tech valuations.
Integration of SOLVE Market Data and Predictive Pricing enhances transparency and workflow efficiency for fixed income desks SOLVE, the leading provider of pre-trade data and predictive pricing for fixed income securities markets, today announced a new partnership with Charles River Development, a State Street company, to begin integrating SOLVE?s fixed income and predictive pricing capabilitie...
Ten winners across five regions and five additional categories will be celebrated Dec. 2 in New York City, where one will be crowned the overall Deal of the Year.
The winners of the Freda Johnson Award are Jeanette Weldon of the Connecticut Health and Educational Facilities Authority and Elaine Brennan of Roosevelt & Cross Inc.
* Potential end to US government shutdown buoys market. * Indexes rise: MSCI global index 1.4%, Nasdaq 2.3%, S&P 500 1.5% * US yields rise, riskier currencies gain against the US dollar. By Sin?ad Carew and Nell Mackenzie.
* Potential end to US government shutdown buoys market. * Nasdaq rallies >2%, S&P 500 rises >1%, Dow rises <1% * US yields rise, riskier currencies gain against the US dollar. By Sin?ad Carew and Nell Mackenzie.
* Potential end to US government shutdown buoys market. * Nasdaq, S&P 500 rise >1%, Dow rises ~0.3% * US yields rise, dollar index edges down. By Sin?ad Carew and Nell Mackenzie.
New York will license up to three casinos in New York City. What returns can the state and expect on new entrants to an increasingly crowded gambling market?
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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