News Results

  1. Private sector partners are the biggest winners in P3 deals
    SourceMedia Bond Buyer | 10:00 AM EDT

    New data from The Bond Buyer finds more than half of respondents agreed that private sector partners stand to benefit the most from the increased use of P3s.

  2. Muni Forum celebrates trailblazers at its 35th annual dinner
    SourceMedia Bond Buyer | 09:30 AM EDT

    The Municipal Forum of New York recognized three muni veterans for their service.

  3. Oklahoma lawmakers target property tax relief with ballot measure
    SourceMedia Bond Buyer | 07:55 AM EDT

    Actions this legislative session include a ballot measure to tighten caps on property assessment growth and allowing bond issuance for charter schools.

  4. Munis little changed, anticipating Warsh taking over Fed chair
    SourceMedia Bond Buyer | 05/21/26 03:45 PM EDT

    The market has seen a trend of "happy endings to each week, disappointing Mondays," according to James Pruskowski, managing director at Hennion & Walsh.

  5. Munis see lighter new-issue calendar, more volatility next week
    SourceMedia Bond Buyer | 05/21/26 03:19 PM EDT

    "We're going to have some weak days, we're going to have some stronger days, maybe they wash out against each other," said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.

  6. GFOA and SIFMA lay out federal legislation goals
    SourceMedia Bond Buyer | 05/21/26 12:45 PM EDT

    They are seeking legislation on transportation, water and other topics.

  7. Housing bill hitting roadblocks
    SourceMedia Bond Buyer | 05/21/26 12:27 PM EDT

    A major multiple-amended housing bill that is expected to expand the use of private activity bonds passes the House and bounces back to the Senate, but obstacles remain over provisions regulating institutional investors.

  8. Former Rep. Barney Frank remembered for 'profound influence' on muni market via Dodd-Frank
    SourceMedia Bond Buyer | 05/21/26 11:56 AM EDT

    The former Massachusetts congressman "was a true champion for the municipal bond market," GFOA's Emily Brock said.

  9. Trump administration to spend $8 billion on Penn Station, announces master developer
    SourceMedia Bond Buyer | 05/21/26 11:28 AM EDT

    The Trump administration took over the Penn Station renovation a year ago, accusing the MTA of mismanagement.

  10. Federal aid for the next natural disaster could be worse than the L.A. wildfire experience
    SourceMedia Bond Buyer | 05/21/26 11:07 AM EDT

    Proposed FEMA reforms could further increase financial strain for state and local governments after natural disasters.

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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