News Results

  1. U.S. Treasury starts distributing $15 bln in payroll aid to airlines
    Reuters | 01/15/21 08:03 PM EST

    The U.S. Treasury Department on Friday began distributing $15 billion in new payroll assistance to airlines, money allocated by Congress to help more than 32,000 aviation workers return to jobs through at least March 31. Large airlines receiving assistance must repay 30% of it to the government in 10-year, low-interest loans.

  2. U.S. Treasury starts distributing $15 bln in payroll aid to airlines
    Reuters | 01/15/21 06:44 PM EST

    The U.S. Treasury Department on Friday began distributing $15 billion in new payroll assistance to airlines, money allocated by Congress to help more than 32,000 aviation workers return to jobs through at least March 31. Large airlines receiving assistance must repay 30% of it to the government in 10-year, low-interest loans.

  3. TREASURIES-Yields fall on weak retail sales, Biden tax fears
    Reuters | 01/15/21 02:49 PM EST

    U.S. Treasury yields fell on Friday after retail sales data came in below economists' expectations and following President-elect Joe Biden's proposed $1.9 trillion stimulus program.

  4. Fed's Rosengren says need to keep buying MBS, Treasuries
    Reuters | 01/15/21 01:25 PM EST

    Federal Reserve Bank of Boston President Eric Rosengren said on Friday he welcomes President-elect Joe Biden's proposed $1.9 trillion stimulus package as "big" but "appropriate," and signaled the Fed has no inclination to dial back from its own super-easy monetary policy.

  5. TREASURIES-Yields fall as retail sales reflect weak economy
    Reuters | 01/15/21 09:44 AM EST

    U.S. Treasury yields fell on Friday as retail sales data came in below economists' expectations and new fiscal stimulus plans by U.S.

  6. TREASURIES-Yields jump as Powell boosts inflation expectations, and on Biden stimulus plans
    Reuters | 01/14/21 04:56 PM EST

    Treasury yields rose on Thursday after dovish comments from Federal Reserve Chairman Jerome Powell boosted expectations for a jump in inflation, and before President-elect Joe Biden was to announce ...

  7. TREASURIES-Treasury yields edge up on expectations of Biden stimulus plan
    Reuters | 01/14/21 11:05 AM EST

    Treasury yields edged higher on Thursday in anticipation of a new stimulus package from the incoming Biden administration, but a jump in U.S. jobless claims put a damper on immediate expectations of ...

  8. FOREX-Dollar rises for second day as markets look to Biden's stimulus plan
    Reuters | 01/14/21 10:33 AM EST

    The dollar rose for a second straight session on Thursday, holding above three-year lows against major peers, in line with a rise in Treasury yields, amid upbeat expectations about President-elect ...

  9. Mortgage Rates Tick Up
    GlobeNewswire | 01/14/21 10:00 AM EST

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 2.79 percent. ?As Treasury yields have risen, it is putting pressure on mortgage rates to move up,? said Sam Khater, Freddie Mac?s Chief Economist.

  10. U.S. muni market ignores stimulus-provoked rise in Treasury yields
    Reuters | 01/14/21 07:00 AM EST

    Expectations that more fiscal stimulus is coming under a Democratic-controlled White House and U.S. Congress are further eroding the historically close correlation between U.S. Treasury yields and those on municipal bonds.

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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