Look Out Below! Muni Bond ETFs In Freefall

By: ETFdb
After witnessing an impressive run-up through the first three quarters of the year, more and more investors are now expressing concern over a bubble in bond markets. Reaction to the recent announcement of another round of QE has skewed towards the negative, as economists both in the U.S. and around the globe have predicted that the Fed’s most recent initiative will only dig a deeper hole. Much of the attention has focused on Treasury markets, where the Fed has become increasingly active and where concerns over paltry yields have sparked sell-offs in recent weeks. While the turmoil in Treasury markets has been at the focus of speculation over a bond bubble, the recent tumble in the municipal bond market deserves some attention as well. This often-overlooked class of the bond market has long been a portfolio staple for current income-focused investors in high marginal tax brackets seeking to shield assets from [...] Click here to read the original article on ETFdb.com. Related Stories: Wide World Of Muni Bond ETFs PIMCO Launches MUNI Bond ETF Are Muni Bond ETFs In Trouble?
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.