News Results

  1. Abu Dhabi's TAQA gives initial guidance for dollar bonds - document
    Reuters | 01:31 AM EDT

    Abu Dhabi National Energy Company, owned by Abu Dhabi state-owned holding company ADQ, has given its initial price guidance for dual-tranche U.S. dollar-denominated bonds, a document showed on Tuesday. It gave initial guidance of around 110 basis points over U.S. Treasuries for a seven-year tranche and around 3.75% for a 30-year Formosa portion, the document showed.

  2. PRECIOUS-Gold steadies below seven-week peak as U.S. yields rebound
    Reuters | 01:03 AM EDT

    Gold eked out some gains on Tuesday buoyed by a weaker dollar, although prices were hovering below Monday's seven-week high as a rebound in U.S. Treasury yields weighed on bullion's appeal.

  3. PRECIOUS-Gold eases off seven-week high as U.S. bond yields rise
    Reuters | 04/19/21 09:09 PM EDT

    Gold prices edged lower on Tuesday, moving away from a seven-week high hit in the last session, as a rebound in U.S. Treasury yields overshadowed support from a sagging dollar.

  4. FOREX-Dollar slumps to 6-week low with all eyes on interest rate moves
    Reuters | 04/19/21 03:57 PM EDT

    The dollar slumped to a six-week low against other major currencies on Monday as markets sorted out the plunge in U.S. Treasury yields last week after the Federal Reserve reiterated that any spike in ...

  5. PRECIOUS-Gold slips off 7-week peak as U.S. yields gain
    Reuters | 04/19/21 12:42 PM EDT

    * Citi raises palladium 0-3 month forecast to $3,200/oz. * Dollar index hits six-week low. * Palladium jumps to over 1-year high. By Eileen Soreng. Gold retreated from a more than seven-week peak on Monday as U.S. Treasury yields gained, weighing on non-yielding bullion's appeal and countering support from a weaker dollar.

  6. BlackRock: emerging market assets set for lift after choppy start to 2021
    Reuters | 04/19/21 11:13 AM EDT

    The BlackRock Investment Institute said on Monday the economic restart, stabilising U.S. Treasury yields and relatively cheap valuations will boost emerging market assets after a choppy start to 2021.

  7. TREASURIES-Yields higher as traders look to Wednesday auction
    Reuters | 04/19/21 09:32 AM EDT

    U.S. Treasury yields were higher on Monday as world stock markets climbed and traders looked ahead to a Wednesday bond auction.

  8. Junk, emerging-market firms eager to borrow as further rates rise in sight
    Reuters | 04/19/21 07:47 AM EDT

    Junk-rated and emerging-market companies look set to raise record amounts of debt in coming months, urged on by bankers who advise taking advantage of funding markets before Treasury yields rise and push up borrowing costs.

  9. TREASURIES-Asian life insurers shun Treasuries as yields judged too low
    Reuters | 04/19/21 03:50 AM EDT

    Life insurers in Japan and Taiwan are shunning Treasuries as benchmark yields languish around five-week lows.

  10. FOREX-Dollar hovers near one-month low amid subdued U.S. debt yields
    Reuters | 04/19/21 01:54 AM EDT

    The dollar was pinned near a one-month low to major peers on Monday, with Treasury yields hovering near the lowest in five weeks, after the U.S. Federal Reserve reiterated its view that any spike in ...

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.