Wednesday, June 27, 2007

UPDATE 1-US money market assets hit new record-report

(Reuters) - Taxable assets rose $4.6 billion to a record $2.1 trillion,
while tax-free assets increased by $985 million to a record
$404 billion, said the report published by iMoneyNet Inc.




Taxable money fund yields slipped 2 basis points in the
week to an average 4.70 percent. Tax-free money fund yields
rose 3 basis points to an average 3.16 percent.


Read more at Reuters.com Bonds News

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