New Legislation Could Help Support Muni Bond ETFs

The Senate is expected to clear bipartisan legislation that could help make it easier for U.S. banks to buy state and local bonds, potentially bolstering demand for municipal debt and supporting munis-related exchange traded funds. The provision, which is backed by large U.S. banks, would ease new rules aimed at ensuring banks held enough cash [...] Read more on ETFtrends.com.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.