Summary
- For the Refinitiv Lipper fund-flows week ended November 17, 2021, investors injected $1.4 billion into municipal bond funds, for their thirty-seventh consecutive week of net inflows.
- Year to date the average municipal bond fund has returned 1.54%, with returns in this asset class ranging from 0.08% for Short Municipal Bond Funds to 4.88% for High Yield Municipal Bond Funds.
- For October, the Consumer Price Index witnessed a year-over-year rise of 6.2%, posting an almost 31-year high, and eclipsing the Federal Reserve’s 2% target.
Seeking Alpha
Nov. 21, 2021