Business & Finance

US money market assets rose in latest week: iMoneyNet

Published Updated

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