News Results

  1. Munis follow UST in large rally after CPI shows inflation cooling
    SourceMedia Bond Buyer | 11/10/22 04:19 PM EST

    Refinitiv Lipper reported $2.537 billion of outflows from municipal bond mutual funds for the week ending Wednesday after $2.389 billion the week prior.

  2. New-issue calendar grows; Jobs report validates hawkish Fed
    SourceMedia Bond Buyer | 11/04/22 04:35 PM EDT

    Investors will be greeted Monday with a new-issue calendar estimated at $5.268 billion.

  3. Munis steady to firmer in spots as FOMC week kicks off
    SourceMedia Bond Buyer | 10/31/22 04:23 PM EDT

    With the Federal Open Market Committee meeting this week and the next week shortened by the bond market observance of Veterans Day, CreditSights strategists said "investors should be prepared for two weeks of subdued new issuance."

  4. Analysts looking past this week's FOMC meeting
    SourceMedia Bond Buyer | 10/31/22 02:06 PM EDT

    With the Federal Reserve's hike pretty much expected, analysts will search for clues about future moves.

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.