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Have been a fan of the price action of high yields for months. Price action in the high yield fund complex remains a positive. TLT and MUB have had a rough go of it recently. Buy low/Sell high something to consider in these two? Long-term yields remain on support. See the inverted yield in this post (see post here)
Outflows of cash? If I am not mistaken, for every seller there must be a buyer at the same price! Outflows of enthusiasm driving prices down perhaps.
Doug…Many feel muni’s have an uphill battle on their hands. Collapse? Not good for pricing if outflows continue at the pace you bring up.
Chris, The muni etfs are suffering record outflows. Can these etfs collapse under massive outflows?