US money market assets fall in latest week-iMoneyNet

NEW YORK Wed Feb 6, 2013 2:49pm EST

NEW YORK Feb 6 (Reuters) - U.S. money market fund assets fell $4.14 billion to $2.675 trillion in the week ended Feb. 5, the Money Fund Report said on Wednesday.

Taxable money market fund assets fell $3.93 billion to $2.393 trillion, while tax-free assets were down $203.1 million at $282.48 billion, according to the report, published by iMoneyNet.

The yield on taxable money market funds was unchanged at 0.02 percent, according to the report.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.