Reuters: Economic News: US money market assets fall in latest week: iMoneyNet

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US money market assets fall in latest week: iMoneyNet Mar 21st 2012, 19:35 NEW YORK | Wed Mar 21, 2012 3:35pm EDT NEW YORK (Reuters) - U.S. money market fund assets declined by $27.88 billion to $2.595 trillion in the week ended March 20, the Money Fund Report said on Wednesday. Taxable money market fund assets fell by $27.20 billion to $2.308 trillion, while tax-free assets were down by $684.3 million to $287.30 billion, according to the report, published by iMoneyNet. Yields on taxable money market funds remained at 0.03 percent for a seventh consecutive week, according to the report.

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