For the first time since early October, tax-exempt money market funds generated inflows for the week ending Dec. 7 as total assets rose by $2.59 billion and settled at $408.73 billion for the week ending Dec. 7, according to the Money Fund Report, a service of iMoneyNet.com.

The last time tax-exempt money ­market funds experienced inflows — albeit moderate ones — was when $643.2 million came in the week ending Oct. 5.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.