Investors Turn to Muni ETFs Amid Strong Returns
April 24, 2023 at 18:24 PM EDT
Municipal bonds posted strong total returns in Q1 amid the collapse of Silicon Valley Bank and the subsequent banking crisis driving investors to seek quality, stable assets. In Q1, the Bloomberg Municipal Bond Index and the Bloomberg High Yield Municipal Bond Index returned 2.78% and 2.73%, respectively. Bond yields also increased after economic data released [...] The post Investors Turn to Muni ETFs Amid Strong Returns appeared first on ETF Trends .