Tax-exempt money market funds had inflows of $545.7 million and settled with $357.2 billion in total assets for the week ending May 10, while the average seven-day simple yield dropped one basis point to 0.03%, according to the Money Fund Report, a service of iMoneyNet.com.

This previous week saw $1.92 billion pour out, leaving $356.73, while the average yield was 0.04%.

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