Money market assets fall in latest week: iMoneyNet

NEW YORK Wed Apr 3, 2013 3:23pm EDT

Snow falls outside the New York Stock Exchange during a winter storm in New York February 26, 2010. REUTERS/Chip East

Snow falls outside the New York Stock Exchange during a winter storm in New York February 26, 2010.

Credit: Reuters/Chip East

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NEW YORK (Reuters) - Money market fund assets fell by $11.33 billion to $2.614 trillion in the week ended April 2, the Money Fund Report said on Wednesday.

Taxable money market fund assets fell by $9.54 billion to $2.341 trillion, while tax-free assets were down $1.79 billion at $273.06 billion, according to the report, published by iMoneyNet.

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

(Reporting by Rodrigo Campos)

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