Fixed income, bonds, and CDs
The bond markets are vast and varied places, filled with opportunities as well as risks. Fidelity's knowledge and expertise can help you understand how to make smart decisions about investing in these markets.
Learn what makes bonds unique, so you can better decide whether they are right for you.
Bond and money market funds
Find out more about how bond and money market mutual funds work and how to put them to work for you.
Certificates of deposit can give you more short-term options for earning interest on your cash.
Bond prices, rates, and yields
Learn how bond prices, rates, and yields are determined—and how they affect how much you might earn.
Fixed income investing
Become a smarter investor by going beyond the basics to learn about fixed income strategies and less-familiar securities.
Using fixed income and bond investing tools
Fidelity offers a wide variety of tools to help self-directed investors research, buy, and sell bonds.
Listen to Fidelity's experts to learn more about bonds and cash alternatives and the role they can play in your portfolio.
State of the states: A review of the current municipal bond market and some of its largest issuers
Rethinking bond investing
Deep dive into Fidelity's fixed income tools
You could lose money by investing in a money market fund. An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Before investing, always read a money market fund’s prospectus for policies specific to that fund.
Any fixed income security sold or redeemed prior to maturity may be subject to a substantial gain or loss. Your ability to sell a CD on the secondary market is subject to market conditions. If your CD has a step rate, the interest rate may be higher or lower than prevailing market rates. The initial rate on a step-rate CD is not the yield to maturity. If your CD has a call provision, which many step-rate CDs do, the decision to call the CD is at the issuer's sole discretion. Also, if the issuer calls the CD, you may obtain a less favorable interest rate upon reinvestment of your funds. Fidelity makes no judgment as to the creditworthiness of the issuing institution.
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, liquidity risk, call risk and credit and default risks for both issuers and counterparties. Lower-quality fixed income securities involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Foreign investments involve greater risks than U.S. investments, and can decline significantly in response to adverse issuer, political, regulatory, market, and economic risks. Any fixed-income security sold or redeemed prior to maturity may be subject to loss.
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