Munis steady as new-issue calendar is lighter bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Outflows from municipal bond mutual funds increased as investors pulled $3.416 billion out of funds in the latest week, versus the $1.180 billion of outflows the prior week, according to Refinitiv Lipper data.
The Investment Company Institute reported investors poured in $1.589 billion into muni bond mutual funds in the week ending August 3, the highest level since November.
The Investment Company Institute reported investors pulled $246 million out of muni bond mutual funds in the week ending July 27 compared to the $602 million of outflows in the previous week.