On March 5, 2026, Sionna Therapeutics (NASDAQ:SION) Chief Legal Officer Jennifer Fitzpatrick disposed of 10,250 shares of common stock via a derivative-based sale, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($33.86). * 1-year performance calculated using March 27, 2026 as the reference date. Continue reading
On March 5, 2026, Sionna Therapeutics (NASDAQ:SION) Chief Legal Officer Jennifer Fitzpatrick disposed of 10,250 shares of common stock via a derivative-based sale, according to a SEC Form 4 filing . Transaction value based on SEC Form 4 weighted average purchase price ($33.86). * 1-year performance calculated using March 27, 2026 as the reference date. Continue reading
A knife-wielding attacker with suspected mental illness who was shot twice by police in Hong Kong’s Kwai Chung has died after spending 10 days in hospital in critical condition. The government on Tuesday confirmed that the 43-year-old suspect, identified by the surname Chung, was pronounced dead at Princess Margaret Hospital in Kwai Chung at 8.47pm on Monday. The incident occurred in the early hou...
A knife-wielding attacker with suspected mental illness who was shot twice by police in Hong Kong’s Kwai Chung has died after spending 10 days in hospital in critical condition. The government on Tuesday confirmed that the 43-year-old suspect, identified by the surname Chung, was pronounced dead at Princess Margaret Hospital in Kwai Chung at 8.47pm on Monday. The incident occurred in the early hours of March 21 at the Kwai Chung section of Castle Peak Road, when three officers fired a total of...
Torsten Asmus/iStock via Getty Images Fund performance ▪ Columbia Short Term Bond Fund Institutional Class shares returned 1.16% for the three months ending December 31, 2025. The fund's benchmark Bloomberg 1-3 Year Government/Credit Index returned 1.16% for the same period. ▪ Most fixed-income sectors recorded positive excess returns over similar-duration Treasuries during the fourth quarter, wit...
Torsten Asmus/iStock via Getty Images Fund performance ▪ Columbia Short Term Bond Fund Institutional Class shares returned 1.16% for the three months ending December 31, 2025. The fund's benchmark Bloomberg 1-3 Year Government/Credit Index returned 1.16% for the same period. ▪ Most fixed-income sectors recorded positive excess returns over similar-duration Treasuries during the fourth quarter, with spread movements being mixed across sectors (duration measures the sensitivity of a bond to changes in interest rates). The fund's out-of-benchmark allocation to structured products was the largest contributor to relative outperformance. High-yield corporates also contributed positively to relative performance. ▪ The fund's duration was slightly long relative to the benchmark, with exposure to maturities longer than three years. The fund was underweight in one-to-three-year maturities to balance the overweight to longer maturities. The net impact was that duration and yield-curve positioning modestly detracted during the quarter. The yield curve steepened, with maturities shorter than three years seeing their yields rally, while longer maturities sold off. The two-year Treasury yield decreased eight basis points (bps), while the five-year Treasury yield increased five bps. (A basis point is 1/100th of one percent.) Market overview Returns were positive across the U.S. bond market for the fourth quarter. With indicators suggesting that economic growth was softening, the U.S. Federal Reserve followed up September's quarter-point reduction in its benchmark overnight lending rate with equivalent cuts in October and December, leaving the fed funds target rate in the 3.50% to 3.75% range. In conjunction with its October meeting, the Fed announced an end to the quantitative tightening program under which it had reduced the size of its balance sheet by not reinvesting the proceeds from maturing bonds. The Fed's December commentary cited a softening employment backdrop but also in...
The dollar is on track for its best month since September 2022 as war in the Middle East upends energy markets, buffets economic forecasts, and sends investors rushing to the world’s primary reserve currency. Buoyed by those haven flows, the Bloomberg Dollar Spot Index is up about 3% this month. The US position as the world’s largest producer of oil has also supported the currency amid a surge in ...
The dollar is on track for its best month since September 2022 as war in the Middle East upends energy markets, buffets economic forecasts, and sends investors rushing to the world’s primary reserve currency. Buoyed by those haven flows, the Bloomberg Dollar Spot Index is up about 3% this month. The US position as the world’s largest producer of oil has also supported the currency amid a surge in global energy prices, as have fading expectations for global growth. “The dollar rallied as a safe haven bid on weakening global growth expectations,” said Noah Buffam, strategist at CIBC Capital Markets. Investors have favored the dollar since the disruption to global energy markets — particularly the shuttering of the Strait of Hormuz — highlighted Europe and Japan’s dependence on oil and natural gas imports. Traders, positioned for dollar weakness before the conflict, quickly abandoned those wagers. They now hold more than $7 billion in bullish bets in the derivatives market, the most since December. Some Wall Street banks that held a dim view on the dollar heading into the year — JPMorgan Chase & Co. and Goldman Sachs Group Inc. among them — are now reconsidering their stance on the US currency. However, day-to-day swings in global risk sentiment and news headlines make updating forecasts exceedingly difficult. Expectations that the Federal Reserve will cut interest rates this year, meanwhile, have foundered as renewed inflationary fears drive traders to reconsider. In the options market, bets on dollar gains dominate the outlook for the next month, although positioning for the period beyond that shows that expectations are for the strength to fade. What Bloomberg Intelligence Says... “The dollar’s haven virtues have revived since the start of the Iran war as it quickly became clear this wasn’t a local conflict with fading FX impact. Dollar bulls can lean on elevated risk aversion, though the price action has underwhelmed so far, which is consistent with our view that t...