TITLE

Weekly Tax-Free Yields Rise to 0.64%

AUTHOR(S)
Fine, Jacob
PUB. DATE
August 2004
SOURCE
Bond Buyer;8/27/2004, Vol. 349 Issue 31957, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
Reports that tax-free money market fund yields shot up nine basis points on an annualized basis to 0.64% in the U.S. during the week ended on August 23, 2004. First real spurt taken by tax-free fund yields since the Federal Reserve Board began raising interest rates; Analysis of pertinent topics and relevant issues; Implications on money market funds.
ACCESSION #
14282046

 

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