So far this year, the municipal market has outperformed Treasuries and corporates.
While trailing last year’s flows, muni bond ETFs are offering decent returns.
Exchange-traded funds have advantages over individual muni bonds.
This segment is suffering from tax uncertainty, but recent levels may be an attractive entry point.
We go over the major trends in fixed-income markets this year and where things stand today.
Many are balancing risk by shortening duration.
VanEck debuts new muni bond ETFs, while Deutsche Bank is closing eight exchange-traded notes.
The funds are designed with interest rate hikes in mind.
Declining yields have attracted investors as prices rise.