New Issues, Rate Concerns Cause Muni ETFs to Tumble
March 10, 2015 at 07:30 AM EDT
Municipal bond exchange traded funds are finally pulling back as a stronger U.S. economy pushed up interest rates and municipalities begin issuing more debt. Over the past month, the iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB) fell 1.6%, SPDR Nuveen Barclays Municipal Bond ETF...
