News Results

  1. Muni market 'firming' as issuance drought resumes
    SourceMedia Bond Buyer | 08/20/18 07:16 PM EDT

    Trading was muted after last week’s bounty of bond sales, as the market looked ahead to this week’s larger deals, including a $920 million Illinois financing.

  2. What drove Essex County, N.J., to a triple-A rating
    SourceMedia Bond Buyer | 08/20/18 07:16 PM EDT

    Moody's Investors Service raised the county to Aaa from Aa1.

  3. Muni market firm but quiet ahead of new issuance
    SourceMedia Bond Buyer | 08/20/18 07:16 PM EDT

    A typical quiet summer Monday unfolded, with trading activity muted as the market reflected on last week’s bountiful volume and looked ahead with anticipation to some this week’s larger deals, including the $920 million Illinois financing, muni traders said.

  4. Baird hires former Wells Fargo directors in Midwest
    SourceMedia Bond Buyer | 08/20/18 07:16 PM EDT

    One of Bair's new bankers expands its presence in the Chicago region.

  5. County of Essex, New Jersey
    SourceMedia Bond Buyer | 08/20/18 07:16 PM EDT

    County of Essex, New Jersey's Notice of Bond Sale

  6. SEC approves narrower 15c2-12 disclosure amendments
    SourceMedia Bond Buyer | 08/20/18 07:16 PM EDT

    The final rules will focus on debt obligations on a similar level as bonds, an effort to respond to comments that the first proposal was too broad.

  7. Fed's head of research to retire at year-end
    SourceMedia Bond Buyer | 08/20/18 07:16 PM EDT

    As director of the Fed's Division of Research and Statistics, David Wilcox is responsible for briefing the Federal Open Market Committee on the outlook for the national economy.

  8. Southwest's first-half volume falls to five-year low
    SourceMedia Bond Buyer | 08/20/18 07:16 PM EDT

    Bond volume in the region fell sharply in the first half of 2018, though one expert saw the 16% drop as better than anticipated.

  9. Legal and political uncertainty factor into Santee Cooper downgrade
    SourceMedia Bond Buyer | 08/20/18 07:16 PM EDT

    Moody's lowered the South Carolina-owned public utility’s bond rating to A2, and its bank bond rating to A3.

  10. Health care, development, and environmental facilities led the way down
    SourceMedia Bond Buyer | 08/20/18 07:16 PM EDT

    Issuance in these sectors all plummeted by 50% or more in the first half of 2018 in what was generally a weak first half for overall municipal issuance.

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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