Low Supply Supporting Munis ETFs, with Yields at 11-Month Low

Despite concerns of a rising rate environment, municipal bonds and related exchange traded funds continue to rally, with yields at their lowest in 11 months on a dearth in new local and state debt issuance. The iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB) has gained 5.3% year-to-date....
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