Some Green Shoots for Muni Bonds
August 09, 2024 at 10:02 AM EDT
With the help of a brief flight-to-safety trade and hopes that the Federal Reserve will soon cut interest rates, perhaps by more than expected, bonds have gotten a lift. And muni bonds are participating in that upside. Obviously, lower interest rates could benefit exchange traded funds such as the VanEck High Yield Muni ETF (HYD). [...] The post Some Green Shoots for Muni Bonds appeared first on ETF Trends .