Munis on Track to Having a Strong Year
September 14, 2023 at 12:56 PM EDT
Municipal bonds are on track to have a strong 2023. According to Steve McFee, a senior portfolio manager in Vanguard’s Investment Management Group, 2022 was a challenging year. But that was primarily because of restrictive central bank policies. Those policies led to lower asset prices, higher yields, and wider credit spreads across the bond universe. [...] The post Munis on Track to Having a Strong Year appeared first on ETF Trends .