Is Meredith Whitney About to Look Really Smart?

Let's just say that I wouldn't want to be buying domestic municipal bonds at current levels if I lived in the United States and was seeking safety. Here's a 6 year weekly log-scale chart of the Nuveen Municipal Bond Price Return Index ETF ($NMUNP) thru Friday's close:Corporate junk bonds are breaking down with the stock markets in the short-term but their charts look a whole lot healthier than