The municipal bond market rally failed to encourage investors, who pulled a net $1.9 billion from the muni market for the week ending Sept. 11.
Outflows the previous week measured $1.3 billion, according to Lipper FMI numbers. There have been 16 straight weeks of outflows from muni bond funds, to the tune of $26.4 billion. For the year to date, the balance stands at $22.8 billion.
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