News Results

  1. Connecticut toll debate spurs push for infrastructure bank
    SourceMedia Bond Buyer | 03/14/19 10:46 AM EDT

    The sponsor of a bill to create a state infrastructure bank says it would leverage public-private partnerships to generate money for transportation projects.

  2. Munis aren't too heavy if you balance the weight
    SourceMedia Bond Buyer | 03/13/19 03:26 PM EDT

    Eagle Asset Management PM Manager uses barbell approach to find value for clients when short-term munis are expensive relative to Treasurys.

  3. U.S. Auto Dealers Enter Spring with New Optimism, Despite Slowing Sales
    PR Newswire | 03/11/19 01:00 PM EDT

    ATLANTA, March 11, 2019  According to data from the Q1 2019 Cox Automotive Dealer Sentiment Index released today, U.S. auto dealer sentiment rebounded this quarter from the low level recorded in the last quarter of 2018, but the overall current market index remained in negative territory. Expectations for the next quarter also rebounded, more than reversing the startling decline seen in Q4.

  4. Town of Darien, Connecticut
    SourceMedia Bond Buyer | 03/11/19 12:06 AM EDT

    Town of Darien, Connecticut's Notice of Sale

  5. Fed's Fight With Private Bank Escalates
    DJ Business News | 03/09/19 12:07 AM EST

    The Federal Reserve is pushing back against a new private bank that is suing the central bank for access to its services. The New York Fed filed a motion Friday in U.S. federal court asking the court to dismiss a lawsuit filed against it in August by TNB USA Inc., a private bank formed in 2017 by James McAndrews, the New York Fed's former research director. Under its business model, TNB would accept deposits from large investors and park the money on the Fed's books to earn interest.

  6. Municipal bonds: The antidote for those retail investors on a low-SALT diet
    SourceMedia Bond Buyer | 03/08/19 04:00 PM EST

    For the ninth week in a row, cash rushed into municipal bond funds. Analysts explain why.

  7. New treasurer's vision for Connecticut
    SourceMedia Bond Buyer | 03/08/19 12:03 PM EST

    Shawn Wooden expects his proposal to fix to state teachers’ pension system to kick-start an agenda that includes infrastructure, improved returns and financial literacy.

  8. BRIEF-Fannie Mae Prices $1 Bln Connecticut Avenue Securities Remic Deal
    Reuters | 03/05/19 04:08 PM EST

    Federal National Mortgage Association : * FANNIE MAE PRICES $1 BILLION CONNECTICUT AVENUE SECURITIES REMIC DEAL. * FANNIE MAE (FNMA) - PRICED ITS SECOND CREDIT RISK TRANSFER TRANSACTION OF YEAR, CONNECTICUT AVENUE SECURITIES SERIES 2019-R02, A $1 BILLION NOTE OFFERING Source text for Eikon: Further company coverage:

  9. Fannie Mae Prices $1 Billion Connecticut Avenue Securities (CAS) REMIC Deal
    PR Newswire | 03/05/19 04:00 PM EST

    WASHINGTON, March 5, 2019 Fannie Mae priced its second credit risk transfer transaction of the year, Connecticut Avenue Securities® Series 2019-R02, a $1 billion note offering that represents Fannie Mae's third CAS REMIC™ transaction. "We were delighted to see that our second transaction of the year was met with high demand from a deep base of investors, including several first-time participants.

  10. New-home sales tick up in December as housing market ekes out a tiny gain for 2018
    MarketWatch | 03/05/19 02:19 PM EST

    For the full year, sales were barely higher than in 2017. The numbers: New-home sales ran at a seasonally adjusted annual 621,000 rate in December, the Commerce Department said Tuesday. That was 2.4% lower than a year ago.

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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