Taxable money market fund assets increased by $74.71 billion to
$4.515 trillion, while tax-free assets decreased by $2.02
billion to $137.21 billion, according to the report, published
by iMoneyNet.
The iMoneyNet Money Fund Average 7-Day Simple Yield for All
Taxable money-market funds fell to 0.18 percent from 0.22
percent last week; the Taxable WAM shortened by one day to 38
days. The iMoneyNet Money Fund Average 7-Day Simple Yield for
All Tax-Free and Municipal money-market funds slipped to 0.11
percent from 0.18 percent last week. The Tax-Free WAM shortened
by one day to 27 days.
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