For the second week in a row, tax-exempt money market funds suffered outflows for the week ending Feb. 25, according the Money Fund Report, a service of imoneynet.com.

The 549 tax-free funds in the report this week lost $6.06 billion, leaving them with $475.57 billion in total assets, down from $481.63 billion the prior week, when the outflow was significantly higher - $10.41 billion.

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