Muni Bond ETFs on a Roll as Yields Hit Record Lows
January 27, 2012 at 08:11 AM EST
Municipal bond exchange traded funds are spiking as rates drop to record lows, prompting worries this corner of the fixed-income market is getting ahead of itself. “The municipal bond market has been on a seven-week march to all-time low rates (yields),” says James Colby, an ETF...