How Higher Rates Could Actually Help Muni Bond ETFs
September 14, 2023 at 08:00 AM EDT
The widely followed ICE AMT-Free US National Municipal Index is higher by 1.17% year-to-date, indicating 20-year high interest rates aren’t sapping muni bonds as they did last year. It’s not clear that the Federal Reserve is done tightening this year. Even murkier is the 2024 timeline regarding when rate cuts will arrive, if at all. [...] The post How Higher Rates Could Actually Help Muni Bond ETFs appeared first on ETF Trends .
