NEW YORK (Reuters) - U.S. money market fund assets decreased by $1.23 billion to $2.714 trillion in the week ended April 12, the Money Fund Report said on Wednesday.
Taxable money market fund assets increased by $1.11 billion to $2.489 trillion, while tax-free assets decreased by $2.34 billion to $224.32 billion, according to the report, published by iMoneyNet.
The iMoneyNet Money Fund Average 7-Day Simple Yield for All Taxable money-market funds remained at 0.11 percent. The iMoneyNet Money Fund Average 7-Day Simple Yield for All Tax-Free and Municipal money-market funds was also unchanged at 0.04 percent. OLUSMONEY Reuters US Online Report Money 20160413T190205+0000