Following a one-week blip of outflows last week, tax-free money market funds returned to positive territory for the week ending June 9, according to the Money Fund Report, a service of iMoneyNet.com of Westborough, Mass.

The 548 funds in the report took in $3.62 billion to settle at $517.4 billion, compared with $7.21 billion of outflows last week that broke a month-long streak of significant inflow activity and record high asset levels, and at the same time caused assets to drop to $513.7 billion.

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