News Results

  1. Sector Update: Financial Stocks Decline in Afternoon Trading
    MT Newswires | 11/13/25 01:52 PM EST

    Financial stocks fell in Thursday afternoon trading with the NYSE Financial Index dropping 0.6% and the Financial Select Sector SPDR Fund shedding 0.8%. The Philadelphia Housing Index declined 0.5%, and the Real Estate Select Sector SPDR Fund lost 0.7%. Bitcoin fell 2.9% to $98,589, and the yield for 10-year US Treasuries climbed 4.3 basis points to 4.11%. In economic news, according to the Fed...

  2. Don't underestimate New York City bonds under Mamdani administration
    SourceMedia Bond Buyer | 11/13/25 01:43 PM EST

    Multi-layered state oversight, strict fiscal safeguards and durable revenue pledges support New York City GO and TFA bonds even as investors brace for policy shifts under mayor-elect Zohran Mamdani.

  3. Sector Update: Financial
    MT Newswires | 11/13/25 01:25 PM EST

    Financial stocks fell in Thursday afternoon trading with the NYSE Financial Index dropping 0.6% and the Financial Select Sector SPDR Fund shedding 0.8%. The Philadelphia Housing Index declined 0.5%, and the Real Estate Select Sector SPDR Fund lost 0.7%. Bitcoin fell 2.4% to $99,204, and the yield for 10-year US Treasuries climbed 4.3 basis points to 4.11%. In corporate news, Carlyle is explorin...

  4. Franklin Templeton's State Municipal Bond ETFs Hit The Market, Offering Tax-Free Income, Low Fees
    Benzinga | 11/13/25 01:11 PM EST

    Franklin Templeton has expanded its municipal bond ETF suite with the launch of five new single-state municipal income ETFs.

  5. Deutsche Bank Sees U.K. October Inflation Rising
    MT Newswires | 11/13/25 12:33 PM EST

    After a downside surprise in September, Deutsche Bank said it thinks United Kingdom inflation will likely step down in October. The expected increase is due to larger rises in airfares and university fees, noted the bank. The bank sees the headline consumer price index at 3.68% year over year, with core CPI at 3.57% year over year.

  6. Probe launched into Texas Southern University's finances
    SourceMedia Bond Buyer | 11/13/25 12:26 PM EST

    A state audit of the Houston-based HBCU that identified financial issues led the governor to direct state agencies to launch an investigation.

  7. European Equities Close Lower in Thursday Trading; UK Monthly GDP Stagnates
    MT Newswires | 11/13/25 12:12 PM EST

    The European stock markets closed lower in Thursday trading as the Stoxx Europe was off 0.59%, Germany's DAX was down 1.39%, the FTSE 100 fell 1.05%, France's CAC declined 0.11%, and the Swiss Market Index dropped 0.41%. In the UK, the estimated monthly gross domestic product declined 0.1% in September, after registering no growth in August, according to the Office for National Statistics.

  8. Mortgage Rates Broadly Flat
    GlobeNewswire | 11/13/25 12:00 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.24%. ?Rates for the 30-year and the 15-year fixed-rate mortgage essentially remained flat this week, but we did see purchase activity increase, which is encouraging,? said Sam Khater, Freddie Mac?s Chief Economist.

  9. Illinois advances bill to encourage more STAR bonds
    SourceMedia Bond Buyer | 11/13/25 11:16 AM EST

    Illinois lawmakers sent Gov. JB Pritzker a bill to facilitate the use of STAR bonds for economic development, which has happened only once in 15 years.

  10. Miami-Dade Water and Sewer sells $1 billion as part of major capital plan
    SourceMedia Bond Buyer | 11/13/25 10:45 AM EST

    The Florida county is in the midst of executing a $9 billion capital improvement plan.

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.

fir_news_results