Mutual funds have seen more than $9 billion of inflows year-to-date, including last week’s $2.4 billion figure, per LSEG Lipper data. This is more than double the $4 billion of net inflows seen at the point last year, “reinforcing the demand we have expected to build for some time,” said Tom Kozlik, managing director and head of public policy and municipal strategy at HilltopSecurities.

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