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Markets - Buy Side
Muni Money Funds Continue to Slip, as $2.4B Flees
by: Christine Albano
Thursday, January 24, 2013
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Tax-exempt money market funds continued their downward as they reported $2.44 billion of outflows, for the second week in a row of net outflows.

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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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