Taxable money market fund assets increased by $27.02 billion to
$4.581 trillion, while tax-free assets decreased by $740.60
million to $135.30 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 0.13 percent from 0.16
percent last week; the Taxable WAM lengthened by one day to 41
days. The iMoneyNet Money Fund Average 7-Day Simple Yield for
All Tax-Free and Municipal money-market funds slipped to 0.08
percent from 0.10 percent last week. The Tax-Free WAM was
unchanged at 27 days.
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