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U.S. money market fund assets down in latest week: iMoneyNet
March 14, 2012 / 7:03 PM / 6 years ago

U.S. money market fund assets down in latest week: iMoneyNet

NEW YORK (Reuters) - U.S. money market fund assets fell by $3.61 billion to $2.623 trillion in the week ended March 13, the Money Fund Report said on Wednesday.

Taxable money market fund assets fell by $1.75 billion to $2.335 trillion, and tax-free assets were also down by $1.86 billion, according to the report, published by iMoneyNet.

Yields on taxable money market funds remained at 0.03 percent for a sixth week, according to the report.

Reporting By Angela Moon

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