Hope for Muni Bond ETF As Fed Extends Buyback Campaign
An ETF that tracks munis, the PIMCO Intermediate Municipal Bond Active (MUNI B-), climbed 1.1% higher before falling back some after the Fed released news that Friday that it would broaden its asset purchase program to encompass short-term municipal bonds.
Source: https://etfdb.com/news/2020/03/25/hope-for-muni-bond-etf-as-fed-extends-buyback/
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