News Results

  1. Texas to drop reviews after banks quit climate group
    SourceMedia Bond Buyer | 01/08/25 12:48 PM EST

    The Texas Attorney General will end reviews of Bank of America (BAC), Morgan Stanley (MS) and JP Morgan after the banks recently left the Net-Zero Banking Alliance.

  2. The Bond Buyer's most read news articles of 2024
    SourceMedia Bond Buyer | 01/08/25 06:00 AM EST

    Pressing issues like the shifts in banking teams at various firms following Citi's exit from the business to major ratings changes make the ranking.

  3. Munis outperform UST losses, pushing ratios lower
    SourceMedia Bond Buyer | 01/07/25 04:26 PM EST

    "Further Treasury rate volatility or distractions from more favorable alternatives could at the very least moderate money invested into the municipal bond market," DWS strategists said. However, "these dynamics could create periods of opportunity to buy tax-exempt bonds at attractive yields in 2025."

  4. JP Morgan joins exodus from climate group
    SourceMedia Bond Buyer | 01/07/25 03:12 PM EST

    The bank, which has been under review by the Texas attorney general over its involvement in the Net-Zero Banking Alliance, said it is leaving the group.

  5. Oklahoma Turnpike eyes $1.3 billion bond sale in late January
    SourceMedia Bond Buyer | 01/07/25 11:50 AM EST

    After selling $500 million of revenue bonds in 2023, the turnpike authority could return to the market later this month with a $1.3 billion issue.

  6. Airports in Denver and Texas eye big bond sales in 2025
    SourceMedia Bond Buyer | 01/07/25 08:00 AM EST

    Large bond sales are expected this year for airports undergoing major expansion projects in Denver, Dallas, Houston, and Austin amid rising passenger traffic.

  7. Higher yields entice January reinvestment capital
    SourceMedia Bond Buyer | 01/06/25 04:19 PM EST

    "These opportunities will surface periodically throughout the year against heavy supply and the increasingly uncertain path for the Fed, evolving fiscal policy, and volatile Treasury market backdrop," said J.P. Morgan strategists.

  8. Indiana Municipal Power Agency returns to market next week
    SourceMedia Bond Buyer | 01/06/25 03:59 PM EST

    The Indiana Municipal Power Agency will issue $268.3 million of power supply system revenue bonds with a mix of new money and refunding debt.

  9. Congestion pricing toll collections begin in New York City
    SourceMedia Bond Buyer | 01/06/25 02:32 PM EST

    After years of delays, the Metropolitan Transportation Authority on Sunday launched the new toll on traffic entering southern Manhattan.

  10. Narrowly reelected House Speaker lays out 100-day plan for tax reform
    SourceMedia Bond Buyer | 01/06/25 01:11 PM EST

    The legislative track pursued by Republicans will set the timeline for the tax reform debate closely watched by the municipal market.

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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