Investors kept pulling their cash from municipal bond mutual funds at a record pace last week as frightened money continued to flee the market.
Muni mutual funds that post figures weekly reported a $1.7 billion outflow for the week ended Jan. 5, according to Lipper FMI.
Register or login for access to this item and much more
All On Wall Street 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
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access