State Street Launches Build America Bond ETF (BABS)

State Street has partnered with Nuveen Investments to launch the SPDR Nuveen Barclays Capital Build America Bond ETF (BABS), the second ETF offering exposure to a corner of the bond market created as a result of the recent recession. BABS will track the performance of the Barclays Capital Build America Bond Index, a benchmark that [...] Original Post Related Stories: PowerShares Plans Build America Bond ETF PowerShares To Launch Build America Bond ETF State Street Launches Corporate Bond ETF (SCPB)