Rising Rates, Sequestration Hit Build America Bond ETFs
June 20, 2013 at 12:10 PM EDT
It is not just U.S. junk bonds or emerging markets sovereign debt that have suffered at the hands of bond bubble chatter. Add Build America Bonds to that list as multiple factors explain the stunning retrenchment in Build America Bond ETFs over the past month. In the past month, the PIMOC Build...