- We have continued to report on fund flows – investors added 253MM to MUNI funds in the week ended 12/3/25, the previous week saw 217MM inflow, according to the Investment Company Institute. Overall, we see investors seeking yield amid the anticipation that rates will move lower over the next 12 months. The longer end of the curve continues to be bought to lock in higher rates.
- President Trump said he met this Wednesday with former FED Governor Kevin Warsh as he pushes ahead with his search for the next chair of the central bank. Trump told reporters he was interviewing a “finalist” for the job.
To continue to receive timely information on bond markets, Sign up here for the free DRL Muni Market Insider.
