More Wealth Managers Recommending Muni Bonds
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Wealth managers are increasingly recommending municipal bonds as the Federal Reserve plans to ease monetary policy and a new president is expected in 2025.
November 06, 2024 | 3:45 pm
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VTEB, a municipal bond ETF, may see increased interest and inflows as wealth managers recommend municipal bonds due to expected monetary policy easing.
The recommendation of municipal bonds by wealth managers suggests a positive outlook for municipal bond ETFs like VTEB. With the Federal Reserve expected to ease monetary policy, interest in municipal bonds may rise, potentially leading to increased inflows into VTEB.
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IMPORTANCE 70
RELEVANCE 80