Muni ETFs Look Cheap After Puerto Rico Induced Sell Off
July 11, 2014 at 13:49 PM EDT
Municipal bonds, along with related exchange traded funds, are trading at their deepest discount to U.S. Treasuries in four months after another round of debt concerns over Puerto Rico’s finances sparked a sell-off in muni funds. High-yield muni ETFs suffered the brunt of the blow, with the...