News Results

  1. Maryland to bring $1 billion-plus GOs to competitive market
    SourceMedia Bond Buyer | 06/06/22 04:19 PM EDT

    Gilt-edged Maryland typically helps to guide triple-A yield curves.

  2. Munis weaker 10-years and out, largely ignore another UST sell-off
    SourceMedia Bond Buyer | 06/06/22 04:16 PM EDT

    The selloff in Treasuries and the continued strength of municipals have done their part to richen muni-UST ratios.

  3. Texas toll roads speed past the pandemic
    SourceMedia Bond Buyer | 06/06/22 01:45 PM EDT

    The COVID-19 pandemic is largely in the rearview mirror for toll roads in Texas, where traffic and revenue are climbing and population growth is fueling demand.

  4. Stifel Expands Municipal Securities Group
    GlobeNewswire | 06/06/22 10:31 AM EDT

    Stifel Financial Corp. (SF) today announced several key hires within its Municipal Securities Group.

  5. MSRB to release ESG report in July
    SourceMedia Bond Buyer | 06/06/22 09:13 AM EDT

    The MSRB addressed its controversial request for information during the Government Finance Officers Association?s first live conference in two years.

  6. GFOA debt committee launches 'wholesale review' of best practices
    SourceMedia Bond Buyer | 06/06/22 09:07 AM EDT

    A decades-old policy position on taxable debt and recommendations for issuance of variable-rate debt were among the issues taken up by the GFOA's debt committee.

  7. CBC honors Keilin; Schumer says that New York not a ?donor state? anymore
    SourceMedia Bond Buyer | 06/03/22 04:13 PM EDT

    The Citizens Budget Commission awards gala was attended by New York Mayor Eric Adams, State Comptroller Thomas DiNapoli and former Lt. Gov. Richard Ravitch.

  8. Firmer end to week ahead of uptick in supply
    SourceMedia Bond Buyer | 06/03/22 04:09 PM EDT

    Investors will be greeted Monday with an increase in supply with the new-issue calendar estimated at $6.488 billion, led by $1 billion-plus of GOs from Maryland in the competitive market.

    EDGAR SEC Filings | 06/03/22 04:02 PM EDT Filed on: June 3, 2022.

  10. Los Angeles budget signing overshadowed by mayor?s race
    SourceMedia Bond Buyer | 06/03/22 04:00 PM EDT

    Mayor Eric Garcetti emphasized the city?s robust reserves and plans to issue housing bonds to aid efforts to alleviate homelessness.

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.