A Huge Promotion from Congress for Munis?

Note: This article is courtesy of Iris.xyz

By Frank Holmes

It appears there’s no shortage of investor love for municipal bond funds.

September 28 was the 52nd straight week of inflows into state and local government debt, marking the second longest streak on record, according to the Investment Company Institute (ICI).

Year-to-date, munis have attracted more than $48 billion in new cash.