Business & Finance

US money market assets rise in latest week iMoneyNet

Published Updated

 

Taxable money market fund assets rose by $8.31 billion to $2.349 trillion, while tax-free assets increased $4.91 billion to $283.35 billion, according to the report, published by iMoneyNet.

 

Yields on taxable money market funds were unchanged from the previous week at 0.02 percent, according to the report.

 

Center>Copyright Reuters, 2012