Muni Bond ETFs Skid on Risk of Tax Increase
December 30, 2012 at 06:25 AM EST
Ongoing talks over the so-called fiscal cliff and speculation of removing the tax-exempt status on municipal bonds has pressured muni bonds and exchange traded funds, although they recovered somewhat last week. ETFs such iShares S&P National AMT-Free Municipal Bond ETF (NYSEArca: MUB) fell hard...