News Results

  1. BRIEF-S&P Says Hawaii GO Debt Outlook Revised To Stable From Negative
    Reuters | 09/21/21 12:50 PM EDT

    * S&P SAYS HAWAII GO DEBT OUTLOOK REVISED TO STABLE FROM NEGATIVE ON STRONGER ECONOMIC MOMENTUM.

  2. RBC resolves U.S. SEC charges over bond abuses, is fined
    Reuters | 09/17/21 10:26 AM EDT

    -A Royal Bank of Canada unit was censured and will pay more than $863,000 to resolve U.S. regulatory charges it broke rules meant to give retail and institutional investors priority in buying new municipal bonds.

  3. RBC resolves U.S. SEC charges over bond abuses, is fined
    Reuters | 09/17/21 10:19 AM EDT

    A Royal Bank of Canada (RY) unit was censured and will pay more than $863,000 to resolve U.S. regulatory charges it broke rules meant to give retail and institutional investors priority in buying new municipal bonds.

  4. Royal Bank of Canada unit settles U.S. SEC charges related to municipal bonds
    Reuters | 09/17/21 09:15 AM EDT

    A unit of Royal Bank of Canada (RY) will pay more than $800,000 to resolve U.S. Securities and Exchange Commission charges it engaged in unfair dealing by failing to give priority to retail and institutional investors in municipal bond offerings.

  5. Moody's ratings agency downgrades Mexican oil giant Pemex
    Reuters | 07/27/21 08:48 PM EDT

    Ratings agency Moody's on Tuesday downgraded Mexican state oil giant Pemex one notch lower to Ba3, sending the loss-making company's debt deeper into so-called junk territory. Moody's, in a statement, said the rating was lowered due to "high liquidity risk and increasing business risk as the company faces high debt maturities while it expands its refining capacity and production."

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