(Reuters) - U.S. municipal bond funds reported $197.2 million of net outflows in the week ended March 21, compared with $339.1 million in inflows in the previous week, according to data released by Lipper on Thursday.
The four-week moving average turned negative at $10.6 million, said Lipper, a unit of Thomson Reuters.
High-yield muni bond funds reported inflows of $65.3 million, down from $110.9 million in the previous week.
U.S. municipal bond team