Markets - Buy Side
Heavy Weekly Inflows Revive Muni Money Funds
Wednesday, November 21, 2012
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Tax-exempt money market funds were boosted by $3.68 billion of inflows – one of the single highest weekly increases of the year – as assets swelled to $271.78 billion in the week ended Nov. 19, according to The Money Fund Report, a service of iMoneyNet.com.

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Opinion

Before the financial crisis of 2008-09, it would have been significant news if yields on municipal bonds had exceeded those on Treasury securities at any maturity, and that occurrence likely would have attracted a variety of investors seeking to take advantage of the relative-value opportunity.

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