U.S. money market assets increased in latest week: iMoneyNet

U.S. money market assets increased in latest week: iMoneyNet

Taxable money market fund assets increased by $14.86 billion to $2.543 trillion, while tax-free assets decreased by $355.40 million to $130.37 billion, according to the report, published by iMoneyNet.

The iMoneyNet Money Fund Average 7-Day Simple Yield for All Taxable money-market funds increased to 0.67 percent from 0.66 percent the week before while the iMoneyNet Money Fund Average 7-Day Simple Yield for All Tax-Free and Municipal money-market funds declined to 0.33 percent from 0.34 percent the previous week.

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