Municipal Bond ETF Rally Still Has Legs
April 11, 2014 at 16:25 PM EDT
Municipal bond exchange traded funds are moving in their best rally in five years, with yields near the lowest since June, and there may be more room to run. The largest municipal bond related ETF, the iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB), has gained 4.4% year-to-date. MUB has a...