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Investors pulled about $1.1 billion from U.S. municipal-bond mutual funds this week, the 21st consecutive week of outflows, said Denver-based Lipper US Fund Flows on Thursday.
The withdrawal is the largest since the week that ended Feb. 9. Outflows have totaled about $30.8 billion since mid-November, including a record $4 billion in the week ended Jan. 19. In the same period last year, investors added $416.7 million.
