- U.S. exchange-traded funds that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last month, though a jump in U.S. Treasury yields could slow the deluge of investor funds.
U.S. exchange-traded funds that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal Reserve kicked off its rate cutting cycle last month, though a jump in U.S. Treasury yields could slow the deluge of investor funds.
Speculators' net bearish bets on U.S. 10-year Treasury note
futures rose to a record high in the week ended on Oct. 1, according to Commodity Futures
Trading Commission data released on Friday.
U.S. 10-year Treasury yields climbed to the highest in nearly two months on Friday after a stronger-than-expected September employment report further weakened the odds of big rate cuts at the Federal Reserve's remaining two meetings this year. Nonfarm payrolls increased by 254,000 jobs in September, according to the Labor Department's Friday employment report.
Speculators' net bearish bets on U.S. 10-year Treasury note futures rose to their biggest on record in the week ended on Oct. 1, according to Commodity Futures Trading Commission data released on Friday. Net short bets on the benchmark 10-year note futures rose to 1,143,889 contracts from 1,025,278 a week earlier, the data showed.
U.S. Federal Reserve losses crossed the $200 billion point this week, according to data released on Thursday by the central bank. The Fed reported that as of Wednesday, the level of its so-called earnings remittance to the Treasury Department stood at negative $201.2 billion. The negative number is captured in an accounting measure the Fed calls a deferred asset.
* US services sector activity jumped to 1-1/2-year high. * Expectations for another 50 bps rate cut remain lower than a week ago. By Matt Tracy. U.S. Treasury yields climbed on Thursday after strong services sector data supported forecasts for a smaller interest rate cut at the Federal Reserve's November meeting than in September.
U.S. Treasury yields climbed on Thursday after strong services sector data supported forecasts for a smaller interest rate cut at the Fed's November meeting than in September.
* * Expectations for another 50 bps rate cut in November decrease. By Chuck Mikolajczak. Longer-dated U.S. Treasury yields rose on Wednesday after economic data pointed to a stable labor market while investors monitored escalating Middle East hostilities after Iran fired missiles against Israel.
Asia stocks sank on Wednesday, catching up with the sell-off on Wall Street after Iran's ballistic missile strike on Israel provoked fears of a wider regional conflict, while crude oil pushed higher on the risk of supply disruptions. Investors flocked to safer assets, pushing U.S. Treasury bond yields down in Asian time, while gold hovered near an all-time high.
* Iran fired ballistic missiles at Israel in retaliation for Hezbollah campaign. * JOLTS report shows job openings rebounded by 329,000 to 8.040 million. * Manufacturing PMI unchanged at 47.2, indicating sector contraction. By Chuck Mikolajczak.
MSCI's global equities index sank with Treasury yields as investors shunned riskier assets while oil futures rallied sharply on concerns about supply after Iran launched missiles at Israel on Tuesday. Iran fired a salvo of ballistic missiles at Israel in retaliation for Israel's campaign against Tehran's Hezbollah allies in Lebanon.
MSCI's global equities index was lower on Tuesday while the dollar rose and Treasury yields fell while oil futures rallied as investors reacted to the escalating Middle East conflict with fears that Iran was planning an attack on Israel.
* Iran preparing to launch ballistic missile attack against Israel, says senior White House official. * JOLTS report shows job openings rebounded by 329,000 to 8.040 million. * Manufacturing PMI unchanged at 47.2, indicating sector contraction. By Chuck Mikolajczak.
-MSCI's global equities index fell with Treasury yields on Tuesday as investors shied away from riskier assets while oil futures rallied on concerns about supply after Iran launched missiles at Israel. However Wall Street stocks ended above their session lows and Treasuries yields also pared declines on hopes that further escalation of the Middle East conflict was not imminent.
* U.S. two-year yield has largest quarterly fall since Jan 2020. * U.S. two-year yields rise to two-week peak. * U.S. 10-year yields post biggest quarterly decline since October. * Fed's Powell says no preset course for monetary policy. * U.S. rate futures price in higher odds of 25-bp cut in November. By Gertrude Chavez-Dreyfuss and Alden Bentley.
Toronto Dominion Bank (MLWIQXX) is set to pay over $20 million as part of a deal with U.S. authorities to resolve an investigation into a former employee's fraud trading tactics to manipulate the U.S. Treasuries market. Canada's second-largest bank entered into a three-year deferred prosecution agreement, the U.S. Department of Justice said on Monday in a filing with the New Jersey federal court.
* Dow posts record high close; S&P 500, Nasdaq end down. * China stocks record best week since 2008. * US PCE data softer than expected. By Caroline Valetkevitch. Treasury yields and the dollar fell while the Dow registered a record closing high on Friday as a subdued U.S. inflation report lifted expectations of an outsized interest rate cut at the Federal Reserve's November policy meeting.
* U.S. 10-year yields on track for largest daily fall in two weeks. * U.S. two-year yields on pace for worst day in 11 days. * U.S. rate futures imply 80 bps in cuts for rest of 2024. * U.S. PCE index rise slows in August. * Univ. of Michigan consumer sentiment improves. By Gertrude Chavez-Dreyfuss.
* U.S. 10-year yields on track for largest daily fall in 11 days. * U.S. two-year yields on pace for worst day in two weeks. * U.S. rate futures imply nearly 80 bps in cuts for rest of 2024. * U.S. PCE index rise slows in August. * Univ. of Michigan consumer sentiment improves. By Gertrude Chavez-Dreyfuss.
U.S. Treasury yields fell on Friday after data showed inflation in the world's largest economy continued to ease, boosting the chances of an outsized interest rate cut at the Federal Reserve's November policy meeting.
U.S. Treasury yields extended their decline on Friday after data showed inflation in the world's largest economy continued to ease, boosting the chances of an outsized interest rate cut at the November meeting.
A global stock index reached a record high on Friday following China's stimulus boost, while Treasury yields dipped as U.S. inflation data lifted expectations of an outsized interest rate cut at the Federal Reserve's November policy meeting. The S&P 500 was slightly lower in late afternoon trading.
Treasury yields and the dollar fell while the Dow registered a record closing high on Friday as a subdued U.S. inflation report lifted expectations of an outsized interest rate cut at the Federal Reserve's November policy meeting. A global stock index also reached a record high, helped by China's stimulus boost, and European shares posted an all-time high close.
As the market anticipates the release of the August Personal Consumption Expenditures report, the iShares 20+ Year Treasury Bond ETF (TLT) is sending clear signals for fixed-income investors.
U.S. Treasury yields rose on Thursday after data showed that jobless claims unexpectedly fell in the latest week, leading traders to cut bets that the Federal Reserve will make another 50-basis point cut at its November meeting. Initial claims for state unemployment benefits dropped 4,000 to a seasonally adjusted 218,000 for the week ended Sept. 21.
SINGAPORE, Sept. 26, 2024 Velo Labs, a leader in Web3-based financial solutions, is integrating OpenEden's tokenized U.S. Treasury bills as a reserve collateral asset for USDV, the protocol pegged against stablecoins? to process up to $150 million in daily transactions on Velo Finance.
* U.S. two-year yields drop to two-year low overnight. * U.S. 10-year yields rise in five of last seven sessions. * U.S. 2/10 yield curve continues its steepening trend. * U.S. rate futures price in 80 bps in cuts over next two meetings. By Gertrude Chavez-Dreyfuss.
Standard Chartered's head of digital assets research sees Bitcoin?s prices possibly experiencing a significant boost in the coming months. What Happened: The recent rate cut by the U.S. Federal Reserve has led to a situation where long-term borrowing costs for U.S. Treasury notes are relatively higher than short-term borrowing costs.
A look at the day ahead in U.S. and global markets from Mike Dolan. The unexpected downturn in U.S. household confidence this month and growing anxiety about jobs has spurred aggressive interest rate cut bets anew - dragging Treasury yields, the dollar and stock futures lower into Wednesday's open.
A look at the day ahead in U.S. and global markets from Mike Dolan The unexpected downturn in U.S. household confidence this month and growing anxiety about jobs has spurred aggressive interest rate cut bets anew - dragging Treasury yields, the dollar and stock futures lower into Wednesday's open.
Global stock indexes mostly eased on Wednesday along with energy shares, while U.S. Treasury yields rose as investors stuck to the view that the Federal Reserve will be able to create a soft landing for the U.S. economy.
* China's yuan strengthens. * Dow, S&P 500 post record closing highs. * 10-year Treasury yields dip. By Caroline Valetkevitch. A widely followed global stock index rose to a record high and copper prices hit their strongest level in 10 weeks on Tuesday after China unveiled stimulus measures to support its economy. The Dow and S&P 500 eked out record closing highs as mining stocks surged.
* U.S. consumer confidence falls in September. * U.S. Richmond Fed index shows contraction in business activity. * China unveils stimulus measures, impact limited. * U.S. rate futures price in 62% chance of big rate cut in November. By Gertrude Chavez-Dreyfuss.
* China's yuan strengthens. * Copper, oil also higher after China announcement. * 10-year Treasury yields nearly flat. By Caroline Valetkevitch. A widely followed global stock index rose to a record high and copper prices hit their strongest level in 10 weeks on Tuesday after China unveiled stimulus measures to support its economy, while China's yuan hit a 16-month high against the U.S. dollar.
U.S. Treasury long-dated yields edged higher in choppy trading on Tuesday as risk appetite improved after China introduced broad stimulus measures to support its faltering economy, while solid housing data boosted expectations the Federal Reserve may not have to cut rates aggressively in this latest easing cycle.
* U.S. long-dated yields hits three-week high. * U.S. 2/10 yield curve steepens, spread widest since June 2022. * Prices paid component of the S&P Global PMI index rises. * Fed's Goolsbee says 'lots of cuts' coming over next 12 months. By Gertrude Chavez-Dreyfuss.
U.S. Treasury yields advanced on Monday as bond investors continued to price out near-term recession in the world's largest economy amid data showing increased price pressures this month that could slow the pace of the Federal Reserve's easing cycle. U.S. yields on the long end of the curve -- those from seven-year notes to 30-year bonds -- climbed to three-week highs.
Liquidity in the $27 trillion U.S. Treasury market, the largest government bond market in the world, is back to levels seen before the Federal Reserve started hiking interest rates in 2022, according to a New York Fed report.
* Mexico, Hungary, Czech, Sri Lanka rate verdicts due this week. * China stocks up for 4th day amid stimulus hopes. * China 30-year treasury yield hits record low. * South African rand hits 20-month high. * EM stocks hit 10-week high, up 0.2%; FX slips 0.2% By Ankika Biswas.
Global stock indexes rose on Monday as Federal Reserve policymakers said last week's large interest rate cut was warranted, while the euro fell against the dollar as business activity readings of the euro zone economy disappointed. U.S. Treasury yields rose as bond investors continued to price out a near-term recession in the world's largest economy.
* U.S. two-year yields post best weekly gain since early August. * U.S. 2/10 yield curve steepens, widest gap since June 2022. * Fed's Waller says concerned about undershooting inflation target. By Matt Tracy.
U.S. Treasury yields ticked higher and the most watched section of the yield curve flattened back a bit from its steepest level in 27 months, consolidating moves after this week's solid economic data and the Federal Reserve's super-sized rate cut.
* World stocks push higher after bumper Fed cut. * Fed move seems to point to soft landing. * Risk appetite weighs on Treasury bonds. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Isla Binnie.
* U.S. jobless claims drop to four-month low. * U.S. existing home sales fall. * U.S. yield curve bear-steepens. * U.S. 10-year TIPS auction shows solid demand. By Matt Tracy.
* World stocks push higher after bumper Fed cut. * Fed move seems to point to soft landing. * Risk appetite weighs on Treasury bonds. * Graphic: World FX rates http://tmsnrt.rs/2egbfVh. By Isla Binnie.
U.S. Treasury yields advanced on the longer end of the curve on Thursday, in line with gains in stocks, as better-than-expected jobless claims data further stoked global risk appetite, a day after the Federal Reserve announced a jumbo interest rate cut.
Wall Street indexes marched past previous record highs after global counterparts booked gains and longer-dated Treasury yields rose on Thursday as the start of the Federal Reserve's first interest rate cutting cycle in more than four years whet investors' risk appetite.
Japanese government bond yields rose on Thursday, tracking their U.S. peers higher, after the Federal Reserve delivered a larger-than-usual reduction in interest rates at the conclusion of its two-day meeting. The 10-year JGB yield was up 3 basis points at 0.85%, after briefly hitting 0.855% following an overnight rise in U.S. Treasury yields.
Major Wall Street indexes broke record highs after global counterparts booked gains and Treasury yields rose on Thursday as the start of the Federal Reserve's first rate-cutting cycle in more than four years whet investors' risk appetite.
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.