Low Supply to Support Municipal Bonds Market, ETFs
May 23, 2014 at 08:15 AM EDT
As long as investment demand for municipal bonds hold steady, munis-related exchange traded funds could maintain their momentum, with supply of new issuance expected to decline into 2017. According to Janney Montgomery Scott LLC., new U.S. muni bond issuance will fall every year to $175 billion by...
