Muni Funds Report First Outflows in 10 Weeks

Municipal bond funds reported outflows for the first time in 10 weeks.

Funds that report weekly said flows came in at negative $790.3 million for the week ending July 9, following inflows of $193.6 million the week before, according to Lipper FMI.

Market participants said that fund flows this week would show the true impact of Puerto Rico's sell-off on the broader municipal bond market.

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