Welcoem to posts!!
in the future - u will be able to do some more stuff here,,,!! like pat catgirl- i mean um yeah... for now u can only see others's posts :c
Good morning everyone. Here is a Schwab/Fidelity question from our community that came in overnight, which may be of interest to some of you. If anyone has feedback, etc. please do leave a comment below: "A few times a month, Schwab is one (and sometimes two) days late in crediting my account for bond/note/CD/ Treasury obligations interest income payments. I am referring to weekday, not weekend payment dates. Does this happen in Fidelity accounts?"
Personally, I can't comment on Schwab as we have not purchased any bonds or CDs from them recently, but we have not had similar issues with Fidelity up to this point.
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Today's inflation report showed prices rising 3% in January from a year ago, quite a bit more than the market expected. Plus, Fed Chair Jerome Powell said yesterday that the Fed was in "no hurry" to cut rates. At the moment, today's bond yields for all maturities 5-Year & higher are up more than 10 basis points. Stay tuned for more.
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