Investors retained their interest in municipal bond mutual funds this week, despite a steep backup in tax-exempt yields.

Demand that persisted throughout much of the year subsided enough this week as robust supply reached the market. Investors sent money to muni bond mutual funds for a sixth consecutive week, though at a decreased pace.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access