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MFI Information

Reuters writes "US taxable money market fund assets rise to record". Citing iMoneyNet's Money Fund Report, the article says money fund assets rose by $16 billion to $3.163 trillion. "The [MFR] average yield for taxable money funds fell 3 basis points to 3.96 percent, while tax-free yields fell 11 basis points to 2.58 percent," says Reuters.

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