Credit Suisse High Yield Bond Fund shares rise 1.67% premarket after Fitch affirmed Fort Collins, CO's electric utility bonds at 'AA-'.

Credit Suisse High Yield Bond Fund rose 1.67% in premarket trading. The increase in stock price may be attributed to the positive outlook on the electric utility enterprise revenue bonds issued by the city of Fort Collins, CO, which were affirmed at 'AA-' by Fitch Ratings. The rating reflects the system's very strong financial profile and very low operating risk, indicating stability and reliability in the utility sector.