Bond Rout Spurs Record Outflow From $3.6 Billion Schwab Muni ETF
A $3.6 billion Schwab municipal-bond exchange-traded fund is facing its largest monthly outflow ever. This trend follows a fixed-income selloff that pushed muni yields to their highest levels in months. The record withdrawal reflects a broader market rout affecting bond investments.
A roughly $3.6 billion municipal-bond exchange-traded fund is careening toward its biggest monthly outflow ever, after a fixed-income selloff pushed muni yields to the highest in months.
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