Weekly reporting municipal bond mutual funds had a net outflow of $1.126 billion during the period ending Oct. 15, AMG Data Services reported.

The results follow a $2.285 billion outflow the previous week, and represents both the second largest outflow from the sector on record, and the fifth straight outflow after 27 consecutive inflows, according to the Arcata, Calif.-based fund tracker. The three largest weekly net outflows have been reported the past three weeks.

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