Since last September, the Fed has set the amount of its monthly purchases of Treasuries at $80 billion and mortgage-backed securities at $40 billion to help the economy heal from the coronavirus.

Blackrock is changing the underlying indexes of the increasingly popular municipal bond ETFs with potential exposure to higher quality bonds and a broader selection of issuers.

Equitizing maturing principal in municipal bond ETFs may boost yields.

Many pension-saver clients are abandoning the formula -- particularly the 40% bond component.

Fed officials have said “fits and starts” in the economy are to be expected given the unprecedented nature of the pandemic.

The Fed's purchase of $8.6 billion in bond ETFs was paltry compared to the greater $1 trillion ETF marketplace.

More than a dozen municipal bond ETFs each gathered over $100 million of net inflows year to date, highlighting a diversity of popular offerings. The subcategory gathered $8.6 billion of new money and is on pace to exceed 2020’s flows.

The U.S. central bank accumulated roughly $8.6 billion worth of bond exchange-traded funds in 2020 as it worked to backstop markets amid a quickly descending pandemic.

The Fed plans to start the process with ETFs -- with the selling of corporate bonds to begin later in the summer. The aim is to complete the exercise by the end of the year.

Dimensional Fund Advisors has been extending duration in its core bond portfolios this year.