Municipal bonds see losses in May bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Muni yields rose up to 13 basis points Wednesday, depending on the curve, coming on the tailwind of a market correction, said Brad Libby, a fixed-income portfolio manager and credit analyst at Hartford Funds.
/PRNewswire/ Nuveen, the investment manager of TIAA, appointed Daniel Close, CFA ®, a veteran portfolio manager at the firm with a proven track record of.
Invesco Launches Europeâs First ETF For Exposure To Taxable Municipal Bonds Date
16/02/2021
Today’s launch of the Invesco US Municipal Bond UCITS ETF provides income-starved investors an opportunity for higher yields than are generally available from the US investment grade credit market without taking on additional credit risk. The ETF is the first of its kind in Europe.
Gary Buxton, Head of EMEA ETFs and Indexed Strategies at Invesco, said: “We are pleased to be bringing the first municipal bond ETF to the European market. This launch opens the door to an asset class that until now has been difficult for investors to access. Municipal bonds, or ‘munis’ for short, offer higher yields, better average credit ratings and much lower default rates than US investment grade credit