Investors are still high on the muni market. They continue to allocate money to municipal bond mutual funds, which this week once again saw solid inflows.
Funds that report their flows weekly recorded inflows of $545 million for the week ended Nov. 28, Lipper FMI numbers show. That compares to inflows of $1.07 billion from weekly reporting funds for the week ended Nov. 21, in what was the strongest week of inflows since early August.
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