Muni ETFs Look Cheap Compared to Treasuries
November 17, 2014 at 15:10 PM EST
After its first monthly decline of the year, the municipal bonds market and related exchange traded funds are now trading at their cheapest relative to Treasuries in nine months. The iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB) fell 0.9% over the past month. Nevertheless, MUB is up 8.1%...