Buffett Moves Highlight Risks of Muni, High-Yield Bond ETFs
Posted on August 21, 2012 at 13:12 PM EDT
Warren Buffett’s Berkshire Hathaway (NYSE: BRK-B) cutting its exposure to municipal bonds and high-yield corporate debt has some bond ETF investors taking another look at the sectors’ credit risks. Berkshire recently terminated half its bullish $16 bet on municipal bonds and has also...