Unexpected impact of the Biden administration? A Muni Bond boom – Yahoo Finance
Unexpected impact of the Biden administration? A Muni Bond boom – Yahoo Finance
All things considered, the municipal bond market had an exceptional 2020. In a year in which municipalities faced an economic crisis that worried some investors in the VanEck Vectors CEF Municipal Income ETF (NYSE: XMPT) rose 3.44% in 20201, a surprising turnaround given its sharp decline in March (click here for the fund’s standardized performance). […]
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