Meredith Whitney, an analyst who warned on Citigroup’s (NYSE: C) balance sheet before the credit crisis, touched off a firestorm last year when she forecast a rash of defaults in the muni bond market. She has faced a backlash on Wall Street over her controversial call, but the recent developments in New Jersey and Minnesota only strengthen her case. [Muni Bond ETFs Rise as Meredith Whitney Sticks to Her Guns.]
Muni bond ETFs include:
- iShares S&P National AMT-Free Municipal Bond Fund (NYSEArca: MUB)
- SPDR Barclays Capital Municipal Bond ETF (NYSEArca: TFI)
- PowerShares Insured National Municipal Bond Portfolio (NYSEArca: PZA)
For more information on U.S. state bonds, visit our municipal bonds category.
iShares S&P National AMT-Free Municipal Bond Fund
