Muni Bond ETFs Maintain Strong Fundamentals

Tax incentives and a shrinking supply of new debt issuance help municipal bond exchange traded funds march higher, with muni yields falling to a 16-month low. The iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB) has increased 8.5% year-to-dated. The muni market is seeing a drop in supply of...