After the U.S. Treasury selloff, funds are "buying the dip" in municipal bonds! Two major ETFs see record inflows, pulling in nearly $3 billion in a single week.

Zhito Finance APP has learned that after recent violent fluctuations in the bond market led to capital outflows from some U.S. municipal bond ETFs, funds are rapidly flowing into the largest municipal bond funds. Last week, the two largest U.S. municipal bond ETFs, managed by BlackRock and Vanguard Group, both recorded their largest single-week inflows on record, indicating that as yields rose to multi-year highs, the appeal of municipal bonds to investors has clearly strengthened.