News Results

  1. The Digital Dollar Project Statement Regarding the Federal Reserve Board?s Central Bank Digital Currency Discussion Paper
    Business Wire | 02:30 PM EST

    The Digital Dollar Project today issued the below statements regarding The Federal Reserve Board?s discussion paper titled Money and Payments: The U.S. Dollar in the Age of Digital Transformation, released on January 20, 2022. ?The Digital Dollar Project commends the Federal Reserve?s CBDC policy paper.

  2. GVE, a Developer of a Central Bank Digital Currency Platform Has Increased Its Valuation to 224 Billion Yen
    Business Wire | 10:05 AM EST

    GVE Ltd. on 19th January 2022, resolved at a board of directors meeting to receive funds through a Series D financing. GVE is a DX platform company with global ambitions, founded to develop and operate a digital fiat currency platform, or Central Bank Digital Currency.

  3. CTBC Bank USA?s Noor Menai Appointed to Federal Reserve Bank of San Francisco Advisory Council
    Business Wire | 01/20/22 08:28 AM EST

    CTBC Bank USA announced today that its President & CEO Noor Menai has been appointed one of the new members of the Federal Reserve Bank of San Francisco?s Community Depository Institutions Advisory Council. This press release features multimedia.

  4. Mastercard Launches Tourism Innovation Hub in Spain
    Business Wire | 01/20/22 07:39 AM EST

    MADRID---- Mastercard (MA) announced today the establishment of a new Tourism Innovation Hub in Spain, with the support of the Spanish Government. This press release features multimedia. In 2019, travel and tourism represented 10.4% of global GDP but nearly halved to 5.5% in 2020 - similarly international visitors spent US$1,691.5 billion in 2019 and the amount dropped to US$517.6 billion in 20201.

  5. KBRA Releases Research ? Structured Credit: Under the SOFR Cushion
    Business Wire | 01/19/22 02:30 PM EST

    KBRA releases a brief slide presentation summarizing our recent conversations with market participants regarding the transition from the London Interbank Offered Rate to the Secured Overnight Finance Rate.

  6. India Globalization Capital Appoints Former Congressman Jim Moran to Its Board of Directors
    Business Wire | 01/19/22 09:29 AM EST

    India Globalization Capital, Inc. (IGC) is excited to announce that the Board has appointed former Congressman Jim Moran as an independent Director. Congressman Moran served Virginia?s 8th Congressional District for 24 years, where he was known as a ?Problem Solver.

  7. Visa U.S. Spending Momentum Index Closed 2021 on a Strong Note
    Business Wire | 01/13/22 10:31 AM EST

    Visa today announced that the U.S. Spending Momentum Index was 108.4 in December, its strongest reading for the month since the start of the index. The Visa SMI is an economic indicator of the health of consumer spending. By category, the SMI for discretionary purchases fell 4.9 points from the previous month to 103.

  8. KBRA Releases Research ? CRE Securitization Market Set for SOFR in 2022 but LIBOR Lingers
    Business Wire | 01/06/22 10:19 AM EST

    KBRA releases research that discusses the private label commercial mortgage-backed securities market?s continued reliance on the London Interbank Offered Rate in 2021, despite the looming cessation of the index.

  9. TA Associates Announces Global Investment Staff Promotions
    Business Wire | 01/05/22 07:45 AM EST

    TA Associates, a leading global growth private equity firm, today announced promotions earned by investment staff members in TA?s Boston, Menlo Park, London, Mumbai and Hong Kong offices, effective January 1, 2022.

  10. U.S. Home Price Appreciation Rates Softer Again (Slightly), Radian Home Price Index Reveals
    Business Wire | 12/28/21 04:30 PM EST

    In November, home prices across the United States rose at a slower pace than the month prior but continued to appreciate at higher than 2021 average monthly rates. This press release features multimedia. The Radian HPI also rose +13.4 percent year-over-year.

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.