U.S. muni bond funds post $663.6 million in inflows: Lipper

U.S. municipal bond funds reported $663.6 million of net inflows in the week ended May 21, compared with $616.5 million in inflows in the previous week, according to data released by Lipper on Thursday.

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The four-week moving average remained positive at $549.2 million, said Lipper, a unit of Thomson Reuters.

High-yield muni bond funds reported inflows of $408.1 million, up from $348.3 million in the previous week.

(U.S. municipal bond team)