NEW YORK (Reuters) - U.S. money market fund assets increased by $14.51 billion to $2.673 trillion in the week ended Aug 15, the Money Fund Report said on Wednesday.
Taxable money market fund assets increased by $14.86 billion to $2.543 trillion, while tax-free assets decreased by $355.40 million to $130.37 billion, according to the report, published by iMoneyNet.
The iMoneyNet Money Fund Average 7-Day Simple Yield for All Taxable money-market funds increased to 0.67 percent from 0.66 percent the week before while the iMoneyNet Money Fund Average 7-Day Simple Yield for All Tax-Free and Municipal money-market funds declined to 0.33 percent from 0.34 percent the previous week. OLUSMONEY Reuters US Online Report Money 20170816T185401+0000