Munis improve while billion-dollar-plus deals price

Municipal mutual fund losses continued last week as the Investment Company Institute Wednesday reported investors pulled $475 million from the funds in the week ending Nov. 29 after $97 million of outflows the previous week.

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Munis little changed to start the week

This week’s $9.4 billion calendar “should easily be absorbed as it is set to be the last full primary calendar of the year, given the Fed meeting the following week and then Christmas and New Year’s holidays,” Birch Creek Capital strategists said in a weekly report.

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