Markets - Buy Side
Muni Money Funds Face More Outflows
Thursday, February 21, 2013
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Tax exempt money market funds decreased $1.88 billion and total net assets settled at $278.20 billion in the week ended Feb. 18.

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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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