High-Yield Munis Worth Considering as Default Rates Cooperate
September 07, 2021 at 08:30 AM EDT
Yields are low across the fixed income universe this year, and municipal bonds aren’t exempt from that trend. That may sound like an invitation to embrace high-yield municipal bonds and exchange traded funds like the VanEck Vectors High Yield Muni ETF (HYD). After all, the $4 billion HYD...