Muni Bond Yields Help ETFs Weather Price Swings
Posted on June 14, 2012 at 14:33 PM EDT
Municipal bond ETFs offer investors decent yield and a play on improving credit quality in debt issued by states and local governments. “The Barclays Municipal Bond Index returned 3.43% year-to-date, with an average coupon of 4.90%,” says James Colby, portfolio manager and senior municipal...