News Results

  1. Munis firmer ahead of $5.5B new-issue calendar
    SourceMedia Bond Buyer | 02/14/25 03:22 PM EST

    "This week's rate volatility made muni trading challenging as Treasury rates have been moving up and down abruptly on the back of inflation releases and tariff news," said Barclays (JJCTF) strategist Mikhail Foux.

  2. PREPA bondholders may challenge board's advisory fees
    SourceMedia Bond Buyer | 02/14/25 02:37 PM EST

    They say if the board continues its current approach there will be years more of litigation with outcomes showing the board's positions are "baseless."

  3. Washington, D.C., airports under scrutiny
    SourceMedia Bond Buyer | 02/14/25 01:44 PM EST

    With questions and analysis still swirling around a deadly crash at Ronald Reagan Washington National Airport, concerns arise about enplanement levels, traffic patterns, and credit ratings affecting the region's major airports.

  4. MSRB: yields, market volatility drive muni market trading volume
    SourceMedia Bond Buyer | 02/14/25 01:02 PM EST

    Yields and market volatility "positively correlated with trading volume," a research report published by MSRB finds.

  5. House clears path to tax reform
    SourceMedia Bond Buyer | 02/14/25 11:56 AM EST

    In 2017, Congress moved from budget resolution to reconciliation legislation in less than six weeks.

  6. Sweetwater UHSD heads to market with remarkable turnaround story
    SourceMedia Bond Buyer | 02/14/25 08:00 AM EST

    Sweetwater Union High's rocket-fast transformation from an accounting practices bad apple to ratings upgrades and positive outlooks is expected to boost its bond program.

  7. Munis firmer, inflows into muni mutual funds continue
    SourceMedia Bond Buyer | 02/13/25 03:56 PM EST

    Investors added $238.5 million to municipal bond mutual funds in the week ending Wednesday, following?$1.124 billion of inflows the prior week, according to LSEG Lipper data.

  8. Muni advocates raise the stakes in tax-exempt fight
    SourceMedia Bond Buyer | 02/13/25 02:23 PM EST

    As Congress begins hammering out the budget resolutions that will shape the country's fiscal future, muni lobbyists double down on efforts to keep the tax-exemption in place.

  9. Bill restoring tax-exempt advance refunding introduced in House
    SourceMedia Bond Buyer | 02/13/25 01:35 PM EST

    The legislation comes as the municipal market industry fends off threats to tax-exempt municipal bonds.

  10. A taxable muni market would mean less liquidity, a 'modest' rise for outstanding tax-exempt bonds
    SourceMedia Bond Buyer | 02/13/25 12:57 PM EST

    Portfolio managers seem more sanguine about threats to the tax exemption from Congress.

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.

fir_news_results