High-Quality Munis Could Be High-Quality Idea in 2023
January 06, 2023 at 08:29 AM EST
The Bloomberg US Aggregate Bond Index is coming off its worst annual performance since inception in 1976, and municipal bonds of various credit qualities were caught up in that mess. Blame the Federal Reserve’s seven interest rate hikes. Still, the widely observed ICE AMT-Free US National Municipal Index was significantly less worse than the “Agg” [...] The post High-Quality Munis Could Be High-Quality Idea in 2023 appeared first on ETF Trends .