The municipal market may be struggling to absorb the uptick in new supply, but muni bond mutual funds still saw their heaviest inflows since 2009.

For the week ended March 7, muni bond funds saw $1.2 billion of inflows from funds that report their flows weekly, according to Lipper FMI. That represented a huge increase from the week ended Feb. 29, when there were net inflows of $357 million.

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