Muni Bond ETF Sell-Off Reaches Sixth Day as Discounts Linger
June 24, 2013 at 10:27 AM EDT
Muni bond ETFs continued to tumble Monday with the funds stil trading below indicative value in the wake of last week’s rush for the exits. The iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB) was down more than 1% in early trading after falling the previous five sessions. The fund’s loss...