News Results

  1. BRIEF-Fitch Upgrades New York City Go Bonds, Fiscal 2019 Series D Subseries D-4 S-T Rating To 'F1+'
    Reuters | 01/19/23 04:24 PM EST

    * FITCH UPGRADES NEW YORK CITY GO BONDS, FISCAL 2019 SERIES D SUBSERIES D-4 S-T RATING TO 'F1+' Source text for Eikon:

  2. Texas AG to halt most of Citigroup's municipal offerings on gun law row
    Reuters | 01/19/23 09:38 AM EST

    Citigroup Inc (C/PN) has discriminated against the firearms sector, the office of Texas Attorney General Ken Paxton said, making a decision that "has the effect" of Texas halting Citi's ability to underwrite most municipal bond offerings in the state. Republicans have been ramping up pressure on the finance industry over environmental, social and governance investment practices.

  3. Texas AG to halt most of Citigroup's municipal offerings on gun law row
    Reuters | 01/19/23 12:48 AM EST

    -Citigroup Inc (C/PN) has discriminated against the firearms sector, the office of Texas Attorney General Ken Paxton said, making a decision that "has the effect" of Texas halting Citi's ability to underwrite most municipal bond offerings in the state. Republicans have been ramping up pressure on the finance industry over environmental, social and governance investment practices.

  4. Texas AG to halt most of Citi's municipal offerings on gun law row
    Reuters | 01/19/23 12:44 AM EST

    Citigroup Inc (C/PN) has discriminated against the firearms sector, the office of Texas Attorney General Ken Paxton said, making a decision that "has the effect" of halting the bank's ability to underwrite most municipal bond offerings in Texas.

  5. BRIEF-Moody's Assigns Aa1 To Wisconsin's Go Bonds Outlook Stable
    Reuters | 01/06/23 03:04 PM EST

    Moody's : * MOODY'S ASSIGNS AA1 TO WISCONSIN'S GO BONDS; OUTLOOK STABLE Source text for Eikon:

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.

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