Muni Bond Exit Might Be a Big, Big Problem

March has seen a fairly brisk exodus from municipal bonds in what could be the first signs that investors are beginning to worry about fixed income.

The popular government finance instruments have seen fund outflows of more than $500 million—just a fraction of the $608 billion asset class but a move that caught some bond pros by surprise. The most recent week saw $261 million come out of the market, according to Thomson Reuters.

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