Tax-exempt money market funds rang in 2010 with $2.60 billion of inflows and total assets of $402.24 billion for the week ending Jan. 4, according to the Money Fund Report, a service of

The average seven-day simple yield for the 500 tax-exempt funds in the report dipped just one basis point, ending at 0.04%, while the average maturity decreased by one day to 30 days compared with the prior week.

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.