Tax-exempt money market funds generated inflows for the first time in nearly a month, as $2.84 billion of new cash flowed in and total net assets settled at $274.96 billion in the week ended May 7, according to the Money Fund Report, a service of iMoneyNet.com.

The positive cash comes following at least three weeks of massive outflows from tax-exempt municipal money funds — including last week when they experienced their biggest outflows of the year as investors withdrew $4.8 billion and fund assets slipped to $272.12 billion.

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