News Results

  1. Munis grow a bit firmer after Tuesday's rally
    SourceMedia Bond Buyer | 04:28 PM EDT

    The muni market's gains are likely a continuation of Tuesday, Charles Schwab's Cooper Howard said, but markets could turn sour after personal consumption expenditures data is released Thursday.

  2. Near-term amending of Rule 15c2-12 to add cyber incident disclosure unlikely
    SourceMedia Bond Buyer | 02:16 PM EDT

    Ed Fierro, a partner at Bracewell, said "making any changes to the rule is a very lengthy process."

  3. Water infrastructure debate heats up
    SourceMedia Bond Buyer | 01:52 PM EDT

    Issuers are watching Washington D.C. gearing up for a water bill reauthorization, along with decisions on state revolving funds, appropriation levels and the future of WIFIA.

  4. P3 problems largely driven by unrealistic revenue forecasts
    SourceMedia Bond Buyer | 10:00 AM EDT

    Municipal finance professionals surveyed by The Bond Buyer said unrealistic revenue projections were the top driver of problems for public-private partnership deals.

  5. Shai Markowicz joins Huntington as head of project finance
    SourceMedia Bond Buyer | 08:58 AM EDT

    Huntington Securities has hired Shai Markowicz, a veteran of Citi and Morgan Stanley (MS), as managing director and head of project finance.

  6. Illinois bill would loosen many local financial reporting requirements
    SourceMedia Bond Buyer | 07:45 AM EDT

    A sweeping Illinois bill to loosen local government audit requirements is on pause, but its backers hope to push the legislation through next session.

  7. Bond markets rally on peace hopes
    SourceMedia Bond Buyer | 05/26/26 04:25 PM EDT

    Munis and USTs both received a boost from news of a possible peace deal with Iran.

  8. Surface transportation bill advances, with amendments
    SourceMedia Bond Buyer | 05/26/26 01:32 PM EDT

    TIFIA and RRIF programs were slightly expanded and airport authorities will now be able to apply for CRISI grants.

  9. Miami International Airport outlook raised to positive by Fitch
    SourceMedia Bond Buyer | 05/26/26 01:20 PM EDT

    The rating agency cited solid financial performance and a stabilizing leverage profile.

  10. Greenberg Taurig adds John Ormonde bolstering SALT practice
    SourceMedia Bond Buyer | 05/26/26 11:49 AM EDT

    Ormonde said a significant portion of his practice will remain focused on California tax matters even as he works with colleagues across the firm's SALT team.

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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