US money mkt fund assets slide $29.82 bln-iMoneyNet
NEW YORK, March 3 (Reuters) - U.S. money market fund assets fell by $29.82 billion to $3.098 trillion in the week ended March 2, the Money Fund Report said on Wednesday.
Taxable money market fund assets dipped by $27.67 billion to $2.719 trillion, while tax-free assets were down $2.15 billion at $379.60 billion, according to the report, published by iMoneyNet.
Yields on taxable money market funds held at a record low of 0.02 percent, while tax-free and municipal fund yields edged down to their 0.02 percent all-time low from 0.03 percent last week. (Reporting by Camille Drummond)
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