* Nasdaq, S&P 500, Dow industrials scale new highs. * Growth stocks lead rally, reversal of gains this year. * Spanish, Italian bond yields at highest since November. * Oil prices settle little changed, gold steady. By Herbert Lash.
U.S. Treasury yields on the longer end of
the curve climbed along with inflation expectations on Thursday
as the market eyed the prospect for additional debt supply under
U.S. President Joe ...
The Canadian dollar was little
changed against its U.S. counterpart on Thursday, holding near
its strongest level in nearly three years as global equity
markets advanced and after the Bank of Canada ...
* Nasdaq, S&P 500, Dow industrials scale new highs. * Growth stocks lead rally, reversal of gains this year. * Spanish, Italian bond yields at highest since November. * Oil prices settle little changed, gold steady. By Herbert Lash.
U.S. Treasury yields were mostly higher
and the yield curve steepened on Thursday after data showed new
claims for jobless benefits declined modestly last week.
The Canadian dollar strengthened
to a near three-year high against its U.S. counterpart on
Thursday, tracking gains for stock markets globally even as U.S.
FRANKFURT-- The European Central Bank kept its large monetary stimulus unchanged on Thursday, pledging to continue backstopping the region's governments via large-scale debt purchases as a stubborn wave of Covid-19 infections darkened the economic outlook. In a statement, the ECB said it would continue to buy up to 1.85 trillion euros, equivalent to $2.24 trillion, of eurozone bonds through March 2022, as planned, meaning that it will continue to absorb the bulk of the debt...
* Yields rise on chance PEPP won't be fully used in full: analysts. * Euro, stocks show little reaction. By Yoruk Bahceli and Elizabeth Howcroft. Italian 10-year bond yields jumped to seven-week highs on Thursday, a move analysts attributed largely to the European Central Bank's saying in its policy decision that it may not use the firepower of its pandemic bond purchases in full.
* Euro zone periphery govt bond yields http://tmsnrt.rs/2ii2Bqr. Euro zone bond yields barely budged on Thursday, with debt markets focused on the European Central Bank's first meeting of the year, coming against a backdrop of growing challenges for the bloc's economy.
Japanese government bond yields fell on Thursday after the Bank of Japan kept monetary policy steady but warned of escalating risks to the economic outlook as new state of emergency measures rolled out this month hit consumption. The BOJ maintained its policy targets under yield curve control - minus 0.1% for short-term rates and around 0% for 10-year bond yields - at its policy meeting.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
