Outflows from municipal bond mutual funds increased as investors pulled $3.416 billion out of funds in the latest week, versus the $1.180 billion of outflows the prior week, according to Refinitiv Lipper data.
Investors will be greeted Monday with a steep drop in volume, with the new-issue calendar estimated at $4.583 billion less than half of this week's supply.
US House Speaker Nancy Pelosi has invited President Joe Biden to deliver his first State of the Union address on March 1."Indeed, this past year has been historic: with the life-saving American Rescue Plan, once-in-a-century Bipartisan .
Pelosi invites Biden to deliver State of the Union address on March 1 dtnext.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dtnext.in Daily Mail and Mail on Sunday newspapers.