News Results

  1. LUMA contract gets temporary extension to distribute Puerto Rico electricity
    SourceMedia Bond Buyer | 11/30/22 06:57 PM EST

    The current contract with the operator of the Puerto Rico Electric Power Authority's transmission and distribution system has been temporarily extended until a debt deal gets done.

  2. Munis improve along with UST on heels of Fed chair's speech
    SourceMedia Bond Buyer | 11/30/22 04:10 PM EST

    Powell said smaller interest rate increases are likely ahead ? and could start as early as next month.

  3. Prepaid gas deals are rebounding, led by issuers in the Southeast
    SourceMedia Bond Buyer | 11/30/22 03:15 PM EST

    An increase in the volume of tax-exempt bond deals for long-term, fixed-priced natural gas contracts may signal a turnaround in the prepaid energy market.

  4. WAPA brings in diesel after propane cutoff
    SourceMedia Bond Buyer | 11/30/22 02:59 PM EST

    The authority said it expects production problems and higher costs in the near future.

  5. November issuance dips below $20B for first time since 1999
    SourceMedia Bond Buyer | 11/30/22 02:14 PM EST

    Total November volume stood at $19.712 billion, the lightest of any month year-to-date, in 527 versus $37.073 billion in 1,055 issues a year earlier, according to Refinitiv data.

  6. draft
    SourceMedia Bond Buyer | 11/30/22 01:46 PM EST


  7. Commerce Bank to acquire muni firm L.J. Hart
    SourceMedia Bond Buyer | 11/30/22 12:57 PM EST

    The Missouri-based firms say they will boost client relationships and expand capabilities with the pending merger, which will retain the L.J. Hart & Co. brand.

  8. Tempe City Council OKs Arizona Coyotes arena development
    SourceMedia Bond Buyer | 11/30/22 12:31 PM EST

    The team has pledged to launch a petition drive to place the project on the May 16 city ballot.

  9. Yields fall, new deals well received as positive muni performance continues
    SourceMedia Bond Buyer | 11/29/22 04:32 PM EST

    Tax-exempt munis have now regained late September levels, and November's rally has eclipsed October's selloff, MMA notes in a weekly report.

  10. Acquisition financings top Illinois Finance Authority agenda
    SourceMedia Bond Buyer | 11/29/22 03:18 PM EST

    University of Chicago Medicine and City of Hope are borrowing through the IFA for acquisitions that expand their footprint

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.