Indexology®: A Battered Municipal Bond Market Enters 2014
January 03, 2014 at 09:00 AM EST
Since the S&P Municipal Bond Index was launched in 2000 it never has had two years in a row of negative returns. However, a new year begins with all the uncertainty and expectations of any other year. Municipal bond funds are entering 2014 following a long string of monthly cash outflows...