The Federal Reserve recently lowered interest rates for the second time this year. So fixed income investors may be examining longer duration bonds or lower quality debt to try to access higher yields. Those are certainly predictable responses to Fed easing. But the latest rate cut doesn’t imply bond market prudence should be totally eschewed. In fact, there are still compelling reasons to consider muni bonds and ETFs, such as the ALPS Intermediate Municipal Bond ETF (MNBD ). What munis and MNBD lack in glamour, they make up for with opportunity and relative security.
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