Muni Bonds Continue to Get Slammed – How Long Will the Bloodbath Continue?

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Municipal bonds continue to get taken to the cleaners – here’s an ugly chart for ya: Muni bonds fall off a cliff. (Source: StockCharts.com) Ever since the Muni Bond Put known at the Build America Bonds fund was given an expiration date, investors have shown little appetite for tax-free municipal debt. Mish Shedlock explored the […]

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Hey, have you noticed muni bonds lately?  They’re crashing! Muni bonds fall off a cliff (Source: StockCharts.com) We shall see where they go from here – but the recent rally sure looks like it your standard fare retracement/dead cat bounce – paving the way nicely for the next leg lower. DailyWealth’s Dan Ferris believes this […]

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