Muni Bond ETF Gets Glimmer Of Hope As Fed Extends Buyback Campaign
March 20, 2020 at 12:37 PM EDT
An ETF that tracks munis, the PIMCO Intermediate Municipal Bond Active (MUNI), climbed 1.1% higher before falling back some after the Fed released news that Friday that it would broaden its asset purchase program to encompass short-term municipal bonds. Other muni bonds ETFs like iShares National...
