News Results

  1. Slight pressure on munis while large new issues take spotlight
    SourceMedia Bond Buyer | 11/16/21 04:29 PM EST

    A large new-issue calendar began pricing in the negotiated and competitive markets, with a few deals bumped off the day-to-day calendar.

  2. Corporate minimum tax in Build Back Better faces opposition
    SourceMedia Bond Buyer | 11/16/21 02:52 PM EST

    Treasury may have some leeway when interpreting the new tax and buysiders say it's unlikely to hurt demand even if it becomes law.

  3. Illinois local governments offer steady stream of pension bonds
    SourceMedia Bond Buyer | 11/16/21 01:44 PM EST

    Illinois local governments weighed down by rising public safety pension contributions are turning to pension obligation bonds.

  4. A $550-billion first step on the road to rebuilding
    SourceMedia Bond Buyer | 11/16/21 01:44 PM EST

    The new infrastructure bill will have a huge impact on America?s transportation and information networks over the next five years. Turbo-charging the municipal finance market to keep the transformation going? That?s a longer haul.

  5. Voting procedures, pension rule arguments draw Puerto Rico bankruptcy judge?s interest
    SourceMedia Bond Buyer | 11/16/21 01:43 PM EST

    The Oversight Board argued legal issues with bondholders, pensioners, credit unions, and others at Monday's Plan of Adjustment confirmation hearing.

  6. S&P upgrades Palm Beach airport in Florida
    SourceMedia Bond Buyer | 11/16/21 09:14 AM EST

    The rating agency said the upgrade reflected financial resiliency during the COVID-19 pandemic and a strong rebound in air travel demand exceeding expectations.

  7. Infrastructure bill becomes law
    SourceMedia Bond Buyer | 11/15/21 04:28 PM EST

    President Joe Biden Monday signed into law a $1.1 trillion infrastructure bill.

  8. Muni technicals keeping market steady
    SourceMedia Bond Buyer | 11/15/21 04:14 PM EST

    Outside influence "beyond the control of the muni bond market" is needed to derail the recent positive momentum.

  9. Chicago wastewater district tees up its bond market return
    SourceMedia Bond Buyer | 11/15/21 03:37 PM EST

    The Metropolitan Water Reclamation District of Greater Chicago green bonds will fund its its deep tunnel project and waste and storm water management projects.

  10. Rare Missouri highway bond deal coming to market
    SourceMedia Bond Buyer | 11/15/21 03:29 PM EST

    The Missouri Highways and Transportation Commission will competitively sell $91 million for bridge projects, its first deal in two years.

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.