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Markets - Buy Side
Muni Money Funds Lose Their Stride as $4B Exits
by: Christine Albano
Thursday, January 17, 2013
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Tax-exempt money market funds gave up two-thirds of the impressive gains they generated last week.

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Commentary - When It May Be Virtually Free to Be Tax Free
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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