NEW YORK, (Reuters) - U.S. money market fund assets increased by $25.82 billion to $2.830 trillion in the week ended March 8, the Money Fund Report said on Wednesday.
Taxable money market fund assets increased by $24.99 billion to $2.590 trillion, while tax-free assets increased by $831.80 million to $239.81 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 0.10 percent. The iMoneyNet Money Fund Average 7-Day Simple Yield for All Tax-Free and Municipal money-market funds remained at 0.01 percent for the 149th straight week. OLUSECON Reuters US Online Report Economy 20160309T194938+0000