Investors pulled more from municipal bond mutual funds in the latest week, with Refinitiv Lipper reporting $2.875 billion of outflows, down from $3.548 billion of outflows in the previous week.
The new-issue calendar tops $9 billion led by $3 billion taxable and tax-exempts from University of California Regents, a $1 billion plus healthcare deal from Michigan and $1.35 billion of GOs from Washington State.