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.