Two largest municipal bond ETFs reportedly draw record weekly inflows
Bloomberg reports that BlackRock and Vanguard funds hit the records shortly after a bond rout fueled withdrawals from other municipal bond funds.
TLDR
The two largest municipal bond exchange-traded funds, from BlackRock and Vanguard, recorded their largest weekly inflows ever, Bloomberg reports. The inflows came shortly after a bond rout drove money out of other municipal bond funds.
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