Financial News

Muni Bond ETFs Have Taken a Beating, but Things Could Turn Around

The municipal bond market and related exchange traded funds are under pressure as an increasingly hawkish Federal Reserve monetary policy outlook weighs on the once-popular fixed income play. Year-to-date, the Vanguard Tax-Exempt Bond ETF (NYSEArca: VTEB) has dropped 6.6%. According to a recent...
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