News Results

  1. Munis little changed to start the week
    SourceMedia Bond Buyer | 03:59 PM EST

    This week's $9.4 billion calendar "should easily be absorbed as it is set to be the last full primary calendar of the year, given the Fed meeting the following week and then Christmas and New Year's holidays," Birch Creek Capital strategists said in a weekly report.

  2. NY Thruway P3 project dinged over construction delays
    SourceMedia Bond Buyer | 03:30 PM EST

    The delays have led to a technical default by the design-build contractor on the $450 million project to design, finance, build, operate and maintain the Thruway's 27 service areas.

  3. Ratings get boost as City Colleges of Chicago prepares deal
    SourceMedia Bond Buyer | 03:21 PM EST

    The City Colleges of Chicago is planning to issue $201 million in unlimited tax GO refunding bonds, bolstered by an upgrade and a new positive rating outlook.

  4. MSRB issues request for information on small firms
    SourceMedia Bond Buyer | 02:18 PM EST

    The board is asking market participants to submit input on how their rules and practices generally impact small firms.

  5. Southwest nonprofits eye bankruptcy exits
    SourceMedia Bond Buyer | 12:24 PM EST

    Court-approved asset sales and bond exchanges are pushing a participant sports venue, a hospital, and a senior living community closer to exiting Chapter 11.

  6. Minneapolis outlook lifted to positive by Moody's
    SourceMedia Bond Buyer | 11:35 AM EST

    Moody's Investors Service (MCO) revised its outlook to positive from stable and affirmed its Aa1 issuer and general obligation unlimited tax bond ratings on the city.

  7. Bond insurance surges post-pandemic
    SourceMedia Bond Buyer | 09:54 AM EST

    Discover why bond insurance utilization is growing in the latest Bloomberg Radio broadcast.

  8. Moody's upgrades Ohio to Aaa
    SourceMedia Bond Buyer | 12/01/23 05:00 PM EST

    Moody's, which last rated the state triple-A in 1979, pointed to an economy that's "poised for diversification and growth."

  9. Munis open December firmer ahead of $9B-plus deal slate
    SourceMedia Bond Buyer | 12/01/23 03:45 PM EST

    Pennsylvania leads the new-issue calendar with $2.1 billion of GOs in four series via the competitive market while the New York City TFA will bring another $1.4 billion of exempts and taxables.

  10. PREPA bond parties appeal lien, other rulings
    SourceMedia Bond Buyer | 12/01/23 01:55 PM EST

    Bond parties to challenge Judge Swain's ruling saying they do not have a lien on revenues, among other things.

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.