Low Supply Supporting Munis ETFs, with Yields at 11-Month Low
May 08, 2014 at 14:56 PM EDT
Despite concerns of a rising rate environment, municipal bonds and related exchange traded funds continue to rally, with yields at their lowest in 11 months on a dearth in new local and state debt issuance. The iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB) has gained 5.3% year-to-date....
