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Thursday, June 16, 2011

Munis, A Safety Play?


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Thursday, June 16, 2011
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Munis, A Safety Play?

Hilariously, muni bonds -- which earlier in the year were seen as a major risk -- are performing fantastically during the recent bout of risk aversion.

It makes sense: They tend to track Treasuries, which have been surging, but the fact that fears of mass bankruptcies haven't dented them is pretty remarkable.

This is the MUB ETF. Read »


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