MUB CANARY IN THE COAL MINEThe chat posted shows me that there is an issue coming in the BOND market rather soon that will effect all the markets in the US
Key stats
About iShares National Muni Bond ETF
Expense ratio
0.05%
Home page
Inception date
Sep 7, 2007
Highly popular MUB offers a broad and representative basket of muni bonds in an efficient package. The funds portfolio aligns reasonably well with our benchmark, with a bias toward general obligation bonds. Most of the security issuers are state and local governments or agencies such that interest received is exempt from US federal taxes. The index considers bonds of investment-grade rating only but with final maturity of greater than or equal to one month. The bonds are market-value weighted in the portfolio and rebalanced after the close on the last business day of each month. Prior to March 1, 2016, the fund name was iShares National AMT-Free Muni Bond ETF, and prior to September 15, 2021, the underlying index for MUB was the S&P National AMT-Free Municipal Bond Index.
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal98.70%
Corporate0.74%
Cash0.55%
DTI8 Tendencia AlcistaDesde agosto del 2015, este ETF de fondos municipales americanos presenta una tendencia alcista
MUB sitting on major support.MUB sitting on major support, but forming a bear flag. A break here and MUB sees 96.
ANALYSIS : MUNIS BOND - OTHER TIME BOMBS ( other than Detroit)This week , the city of Detroit filed for chapter 9 bankruptcy protection. The city has debt obligation of $18.5 billions dollars. If you held Munis ETFs, such as MUB, this news didn't really affect the price, since most of these ETF have very little exposure to Michigan. However , they have exposu
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