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The Bond Buyer: Munis weaker in spots, face difficult technicals

02/13/2023

Overall, investor sentiment continues to improve and fund flows into municipal funds have been positive for four of the six weeks in 2023, noted Tom Kozlik, managing director and head of public policy and municipal strategy at HilltopSecurities Inc. Although the week is starting off on a relatively slow pace, he expects more reinvestment dollars to be available this week. "There are reasons in the improved investor sentiment and money flowing into funds to expect more activity," Kozlik said.

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