News Results

  1. Michigan officials unite behind revenue sharing trust fund idea
    SourceMedia Bond Buyer | 12/05/24 08:32 AM EST

    Legislation for a local government revenue sharing trust fund in Michigan has stalled in the state Senate. On Tuesday, supportive officials gathered in Lansing.

  2. MarketAxess Expands AI-Powered Pricing Engine to Cover Municipal Bonds
    Business Wire | 12/05/24 08:30 AM EST

    CP+? real-time pricing now available on the fastest growing electronic muni marketplace MarketAxess Holdings Inc. (MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced that CP+, the AI-powered, algorithmic pricing engine for global credit and rates markets, will now also cover municipal bonds.

  3. Florida issuer bringing speculative-grade college housing bonds
    SourceMedia Bond Buyer | 12/05/24 08:00 AM EST

    Nonprofit Provident Resources Group is buying a five-year old student housing building that serves the University of Central Florida and Valencia College.

  4. Market technicals supportive; Powell comments affirm December rate cut
    SourceMedia Bond Buyer | 12/04/24 04:10 PM EST

    Technicals could "break down" if there is a potential decline in risk assets or rising unemployment, particularly in white-collar jobs, said Jeff Timlin, a managing partner at Sage Advisory.

  5. KBRA Assigns K1+ Rating to Cobb County School District, GA's Short-Term Construction Notes, Series 2025; Affirms K1+ Rating for Series 2024 Construction Notes and AAA Rating for Implied G.O. Credit
    Business Wire | 12/04/24 04:01 PM EST

    KBRA assigns a short-term rating of K1+ to Cobb County School District, Georgia's Short-Term Construction Notes, Series 2025, due December 15, 2025. Additionally, KBRA affirms the short-term rating of K1+ on the District's Short-Term Construction Notes, Series 2024 due December 15, 2024, and the long-term rating of AAA with a Stable Outlook for the District's Implied General Obligation Credit.

  6. Clean Power Alliance Recognized for Renewable Energy Financing Excellence
    GlobeNewswire | 12/04/24 12:52 PM EST

    Clean Power Alliance, California?s largest Community Choice Aggregator and the leading green power provider in the United States, has been honored with the ESG/Green Financing Award from The Bond Buyer magazine for excellence in financing for a public purpose.

  7. Budget battle will key on bond market
    SourceMedia Bond Buyer | 12/04/24 11:55 AM EST

    Economists gaming out the possibilities for tax policy in the Trump administration believe the bond market will dictate budget cuts and spending increases.

  8. Chicago preps deal amid heated budget debate
    SourceMedia Bond Buyer | 12/04/24 10:54 AM EST

    Chicago plans to bring to market $806 million of bonds on Thursday, a refinancing deal that will help close its fiscal 2024 budget gap.

  9. Brightline West eyes $3.5 billion financing to kick off high-speed train
    SourceMedia Bond Buyer | 12/04/24 10:25 AM EST

    The company hopes to come to market after completing negotiations on $6 billion of senior bank financing.

  10. Midwest school bond measures lag national passage rate
    SourceMedia Bond Buyer | 12/04/24 07:58 AM EST

    Some Midwest states, notably Michigan and Ohio, dipped well below a national average that saw roughly two of every three school bond measures approved in November.

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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