KBRA Affirms AA+ Financial Strength Ratings of Assured Guaranty's U.S., U.K. and European Insurance Subsidiaries Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty)
Outflows continued as investors pulled $3.876 billion from mutual funds in the week ending Oct. 19 after $4.532 billion of outflows the previous week, according to the Investment Company Institute.
While muni performance has turned negative for October, "the asset class is significantly outperforming UST," said Jeff Lipton, managing director of credit research at Oppenheimer Inc.