Tax-Free Yield Rise Eight Basis Points to 3.04%

Fine, Jacob
August 2006
Bond Buyer;8/4/2006, Vol. 358 Issue 32438, p7
Trade Publication
The article reports that U.S. tax-free money market funds' average yield has climbed eight basis point during the week ended July 31, 2006 to 3.04% on an annualized basis. The assets in the funds fell by $2.88 billion during the week to $354.91 billion. Taxable money market fund assets grew by $9.22 billion.


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