Since the Fed Delaying Cuts, muni funds have lost most of their cash

Investors yanked money from municipal bond funds at the fastest clip in more than a year. They sold assets to pay income taxes and tried to protect returns amid signals that the Federal Reserve will keep rates higher for longer. Investors sold assets as they sold assets in an effort to pay taxes and protect returns.

Investors yanked money from municipal bond funds at the fastest clip in more than a year. Investors sold assets to pay income taxes and tried to protect returns amid signals that the Federal Reserve will keep rates higher for longer. Mununi Funds lose most cash since 2022 with Fed Delaying Cuts.