Today I will buy a 7% yielding high risk Municipal Bonds ETF: HYD Market Vectors High-Yield Municipal Index ETF April 27, 2009Posted by deminvest in etf, funds, investment, investment strategies, risky investments, stocks that pay high dividends.
Tags: administrations, bail out, bonds, mucipal, obama
US government bailed out automakers and banks. Will Obama let local administrations fail?
Since my opinion is that US government will bail out local administrations, I am buying a 7% yielding municipal bond ETF.
Market Vectors High-Yield Municipal Index ETF [HYD] is high risk, it buys bods that are even below investment grade. Here is some data:
here is the prospect: