Thursday, February 10, 2011

Municipal Bond Fund Flows

According to the Investment Company Institute money has been flowing out of municipal bond funds. Ever since Meredith Whitney came out with her call on munis there has been a lot of heated discussion about the risks. At the end of the day who knows what direction munis will go in but if you are in harmony with the trends of the market you would want to avoid them as the trend is down.

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