Tag Archives: HYMB

Muni valuation update – still a great value

Its been almost 4 months (June 26 to be precise) since I last posted on municipal bond valuations. I thought this would be a good time to do a quick update on muni valuations. In short, there is still compelling value in municipal bonds for long term investors willing to ride out the fear being priced in to this market. Since my last post, muni prices are about flat. Below is the 6 month chart of the HYMB ETF which represents high yield longer term munis which is where I focused my discussion last time. It currently yields over 5%. … Continue reading

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