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NEW YORK: US money market fund assets rose by $15.13 billion to $2.608 trillion in the week ended Sept. 27, the Money Fund Report said on Wednesday.
Taxable money market fund assets rose by $17.96 billion to $2.319 trillion, while tax-free assets fell $2.83 billion to $289.29 billion, according to the report, published by iMoneyNet.
Yields on taxable money market funds were unchanged at 0.01 percent for a fourth consecutive week, according to the report.
Copyright Reuters, 2011
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