News Results

  1. Modern trains among MARTA's plans for green bond sale
    SourceMedia Bond Buyer | 08:00 AM EST

    The Metropolitan Atlanta Rapid Transit Authority will issue $475 million in green sales tax revenue bonds for capital projects and refunding.

  2. BAM hires former Nixon Peabody employee Dia Walrath
    SourceMedia Bond Buyer | 07:13 AM EST

    Walrath will support BAM's underwriting and credit departments in executing every credit BAM insures and advise the bond insurer on other legal matters.

  3. What's next for public finance? Trends to watch in 2025
    SourceMedia Bond Buyer | 06:00 AM EST

    The short-lived federal funding freeze from President Donald Trump and jeopardy of tax-exempt status are just the latest issues plaguing the muni bond industry.

  4. Muni yields fall, underperforming a UST rally
    SourceMedia Bond Buyer | 02/05/25 04:11 PM EST

    Muni yields were bumped one to eight basis points, depending on the scale, while UST yields fell three to 10 basis points, with the greatest gains out long.

  5. Houston faces $100 million financial 'gut punch'
    SourceMedia Bond Buyer | 02/05/25 03:24 PM EST

    A recent Texas Supreme Court decision will force the city to increase the amount of property tax revenue allocated to a dedicated drainage and street fund.

  6. Bond finance districts proposed for Connecticut climate resiliency
    SourceMedia Bond Buyer | 02/05/25 01:03 PM EST

    Connecticut's governor proposed a new public finance tool as part of a broad plan to improve the state's resiliency against extreme weather and climate change.

  7. Federal grant uncertainty adds to Chicago schools' stress
    SourceMedia Bond Buyer | 02/05/25 09:56 AM EST

    As Chicago Public Schools tries to get its fiscal house in order, it faces management turmoil, risks to federal funding and threatened immigration raids.

  8. Munis slightly firmer, market sees 'manageable' supply for the week
    SourceMedia Bond Buyer | 02/04/25 04:07 PM EST

    Tax exemption concerns ? though an elimination is unlikely ? and the loss of federal stimulus will "most assuredly pull forward delayed issuance, with the first half of 2025 volume to exceed second half volume," said James Welch, a municipal portfolio manager at Principal Asset Management.

  9. Will Congress attempt to cut tax exemption on existing bonds?
    SourceMedia Bond Buyer | 02/04/25 02:28 PM EST

    The muni industry is trying to get to the bottom of questions around how the House arrived at savings estimates for eliminating the tax exemption.

  10. SoCal Edison gets negative outlook from S&P amid wildfires
    SourceMedia Bond Buyer | 02/04/25 01:13 PM EST

    S&P Global Ratings revised the outlook on Southern California Edison and its parent company citing the potential depletion of the state's bond wildfire fund.

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