iShares National Muni Bond ETF (MUB)

Experts express concern about the future of bonds as an asset class, particularly in light of rising government debt and deficits in both Canada and the US. They highlight that while MUB-N, the iShares National Muni Bond ETF, should not be hastily sold, it faces significant challenges in maintaining value relative to inflation. The overarching sentiment is that bond investments might struggle to deliver returns that exceed inflation costs, indicating a potentially difficult environment for bondholders. Despite these challenges, taking a cautious approach rather than panicking seems to be the recommended path forward for investors assessing their bond portfolios.