US money market assets fall in latest week-iMoneyNet
May 16 (Reuters) - U.S. money market fund assets fell by $10.82 billion to $2.539 trillion in the week ended May 15, the Money Fund Report said on Wednesday.
Taxable money market fund assets fell by $8.65 billion to $2.267 trillion, while tax-free assets were down $2.17 billion at $272.79 billion, according to the report, published by iMoneyNet.
Yields on taxable money market funds remained steady at 0.03 percent, according to the report. (Reporting by David Gaffen, Editing by Gary Crosse)
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