Total assets in municipal bond funds rose for the first time in a month even as investors withdrew for the sixth week in a row. High-yield municipals saw the first inflow since May 22.
Outflows from municipal bond funds slowed this week to $870 million after the worst three-day selloff in 25 years spurred a record-breaking $4.5 billion of outflows in the previous week. High-yield municipals saw an inflow of 141 million in the week ending on July 3, according to data from Lipper FMI.
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