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.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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