News Results

  1. Primary deals scooped up while a firmer tone sets in pre-FOMC
    SourceMedia Bond Buyer | 01/30/24 03:58 PM EST

    "Yields are attractive, and there's going to be a lot of demand and there's not going to be a lot of bonds," said Scott Diamond, co-head of the municipal fixed income team at Goldman Sachs.

  2. Muni yields rise amid busy primary; mutual fund inflows hit $2B
    SourceMedia Bond Buyer | 01/17/24 03:45 PM EST

    The Investment Company Institute Wednesday reported large inflows into municipal bond mutual funds, with investors adding $2.066 billion to funds, while exchange-traded funds saw $1.082 billion of outflows for the week ending Jan. 10.

  3. Washington state rating outlook bumped to positive by S&P
    SourceMedia Bond Buyer | 01/12/24 03:25 PM EST

    S&P's outlook revision to positive means there is a one-in-three chance the state could have its AA-plus rating upgraded to AAA over the next two years.

  4. Munis stronger, fund outflows grow
    SourceMedia Bond Buyer | 12/20/23 03:39 PM EST

    The Investment Company Institute reported more outflows from municipal bond mutual funds for the week ending Dec. 13, with investors pulling $588 million from the funds.

  5. Ratings get boost as City Colleges of Chicago prepares deal
    SourceMedia Bond Buyer | 12/04/23 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.

  6. 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."

  7. Fitch upgrade boosts Illinois ahead of GO bond sale
    SourceMedia Bond Buyer | 11/07/23 02:29 PM EST

    The upgrade brings Illinois up to the A-minus level across the board. The state had three BBB-minus or equivalent ratings as recently as July 2021.

  8. CDIAC attempts to close information gap between green bond issuers, investors
    SourceMedia Bond Buyer | 09/20/23 11:15 AM EDT

    The event heavily focused on the kind of and how much disclosure issuers need to offer in order to attract investor interest.

  9. Munis slightly weaker while focus is on primary
    SourceMedia Bond Buyer | 09/13/23 04:11 PM EDT

    There hasn't been a huge return of capital in the muni market so far this year, with fund flows being rather anemic, said Chad Farrington, co-head of municipal bond strategy at DWS Group.

  10. Huntsville Healthcare Authority deal came amid financial rebound
    SourceMedia Bond Buyer | 09/05/23 04:57 PM EDT

    The North Alabama operator priced $190 million of revenue bonds Aug. 29 to support among other things the purchase of an orthopedic physicians' practice.

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.