Tax-exempt money market funds saw the return of significant losses this week — despite gaining some modest inflows last week — as $2.45 billion fled the funds and total net assets settled at $270.01 billion in the week ended Aug. 27, according to The Money Fund Report, a service of iMoneyNet.com.

The outflows put an end to the brief inflow period that occurred last week when a scant $124.80 million of new cash arrived and total net assets rose slightly to $272.46 billion.

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