News Results

  1. BRIEF-Moody's Assigns AA1 To State Of New York's Pit Revenue Bonds Outlook Stable
    Reuters | 09/27/22 05:58 PM EDT

    * MOODY'S ASSIGNS AA1 TO STATE OF NEW YORK'S PIT REVENUE BONDS; OUTLOOK STABLE Source text for Eikon: Further company coverage: [ ]

  2. UK tax cuts raise stakes for debt sustainability, Scope credit rating agency warns
    Reuters | 09/27/22 10:24 AM EDT

    Britain's new tax cut and spending plans will push up its debt levels and raise the stakes in terms of the sustainability of the country's public finances, credit rating agency Scope said on Tuesday.

  3. BRIEF-Moody's Assigns Baa1 To Illinois' Go Bonds Outlook Stable
    Reuters | 09/16/22 11:19 AM EDT

    Moody's: * MOODY'S ASSIGNS BAA1 TO ILLINOIS' GO BONDS; OUTLOOK STABLE Source text for Eikon:

  4. Exclusive-Ratings agency Scope sees little room for abrupt change after Italy vote
    Reuters | 09/15/22 11:24 AM EDT

    Any new government in Italy will have little room for rolling back reforms or pursuing "unorthodox" economic policies because of political and market constraints, Scope Ratings said in a report seen by Reuters on Thursday.

  5. U.S. SEC charges Oppenheimer, BNY, Jefferies and TD over municipal bond disclosures
    Reuters | 09/13/22 09:30 AM EDT

    - The U.S. Securities and Exchange Commission on Tuesday said it had charged Oppenheimer & Co, BNY Mellon, TD Securities and Jefferies, with failing to comply with municipal bond offering disclosure requirements. The agency has filed litigation against Oppenheimer, while the other three brokers agreed to settle.

  6. U.S. SEC charges Oppenheimer, BNY, Jefferies and TD over municipal bond disclosures
    Reuters | 09/13/22 08:59 AM EDT

    The U.S. Securities and Exchange Commission on Tuesday said it had charged Oppenheimer & Co, BNY Mellon, TD Securities and Jefferies, with failing to comply with municipal bond offering disclosure requirements. The agency has filed litigation against Oppenheimer, while the other three brokers agreed to settle.

  7. BRIEF-US SEC makes first charges under municipal bond disclosure law
    Reuters | 09/13/22 08:35 AM EDT

    * U.S. SEC SAYS IT CHARGES FOUR UNDERWRITERS IN FIRST ACTIONS ENFORCING MUNICIPAL BOND DISCLOSURE LAW Source text for Eikon: https://bit.ly/3eLnJnR.

  8. BRIEF-Fitch Rates Pennsylvania's $1 Billion Go Bonds 'AA-' Outlook Stable
    Reuters | 08/23/22 08:15 AM EDT

    * FITCH RATES PENNSYLVANIA'S $1 BILLION GO BONDS 'AA-'; OUTLOOK STABLE Source text for Eikon:

  9. BRIEF-S&P Says Vermont Outlook Revised To Stable From Negative
    Reuters | 08/19/22 10:27 AM EDT

    * S&P SAYS VERMONT OUTLOOK REVISED TO STABLE FROM NEGATIVE ON POTENTIAL REDUCTION IN UNFUNDED LIABILITIES; 'AA+' RATING AFFIRMED. * S&P SAYS REVISED OUTLOOK TO STABLE FROM NEGATIVE AND AFFIRMED ITS 'AA+' LONG-TERM RATING ON THE STATE OF VERMONT'S GO BONDS OUTSTANDING.

  10. BRIEF-S&P Says Washington State Series 2023A And T Go Bonds Rated 'AA+' Outlook Stable
    Reuters | 07/11/22 03:43 PM EDT

    S&P : * S&P SAYS WASHINGTON STATE SERIES 2023A AND T GO BONDS RATED 'AA+'; OUTLOOK STABLE.

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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