High-income earners are avoiding Treasuries for these 3 tax-free Muni ETFs that yield more than 4 percent after taxes

High-income earners are avoiding Treasuries for these 3 tax-free Muni ETFs that yield more than 4 percent after taxes

Quick reading iShares National Muni Bond ETF (MUB) yields 3.5% tax-free with investment-grade credit quality and lower expenses, while VanEck High Yield Muni ETF (HYD) yields 4.32% through below-investment grade tobacco and Puerto Rico bonds offering tax-equivalent yields of 7.6%, and SPDR Nuveen Bloomberg High Yield Muni ETF (HYMB) yields 4.55% with a similar exposure…

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Asian markets rally after reports of China’s 2 trillion yuan market rescue plan

Asian markets rally after reports of China’s 2 trillion yuan market rescue plan

Stocks across Asia saw a rally, notably led by gains in Hong Kong and Shanghai, boosted by unconfirmed reports suggesting China’s intention to inject approximately 2 trillion yuan (equivalent to $278 billion) to support its struggling markets. According to an undisclosed Bloomberg report, China is considering accessing offshore funds held by state-owned enterprises and local…

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