Muni ETFs Fall on Tax Worries, Illinois Fraud Settlement
March 12, 2013 at 10:27 AM EDT
The iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB) has fallen to test a key trend line that has provided strong support for nearly two years. The muni bond ETF is in the red for 2013 on worries the asset class may lose its tax advantagse. Also, this week, Illinois reached a settlement with...