Summary: Bond ETFs continue to show massive shifts as investors reallocate across the fixed income spectrum.
Summary: Tax driven demand for munis hold yields down while taxable bond yields rise.
Summary: JR dives into the current state of the growing municipal bond ETF marketplace which now represents approximately 6% of the muni mutual fund and ETF combined assets.
Summary: The yield curve steepened and as a result AA rated municipal bonds have now moved into relatively cheap territory.
Summary: Bond ETFs assets slip modestly in February but that doesn’t reflect the massive shift underway in assets within the category.
Summary: Investment grade muni prices rise as relentless demand for tax-exempt bonds continues. The curve did steepen on the long end but not as much as corporate bond yields.
Summary: Bond ETFs reach over $1,100billion in assets as investment grade bonds continue to attract investors. TIPS also get inflows as inflation concerns are being reflected in investor behavior.
Summary: Despite the COVID cloud hanging over the municipal bond market, municipal bonds continue to rally and move into “rich” territory relative to corporate bonds.
Summary: Bond ETFs grew by over $212billion reaching $1,094billion in total assets.
Summary: Demand for munis push yields lower in the belly of the curve. Muni ETFs approach $63billion in assets.