Total U.S. money-market mutual fund assets fell $2.18 billion to $2.56 trillion for the week that ended Wednesday, according to the Investment Company Institute.
The seven-day average yield on money-market mutual funds was unchanged at 0.01 percent from the previous week, according to Money Fund Report, a service of iMoneyNet.
The online service Bankrate.com said its survey of 100 leading commercial banks, savings and loan associations and savings banks in the nation’s 10 largest markets showed the annual percentage yield available on money-market accounts was unchanged from the week before at 0.11 percent.
Bankrate.com said that the annual percentage yield available on interest-bearing checking accounts was unchanged from the week before at 0.06 percent.
- Mount St. Helens, still steaming, holds the world’s newest glacier
- Whitest big county in the U.S.? It’s us
- Seattle sets heat record for July 4
- Sound Transit planning heats up for light-rail expansion and public vote
- For escapee, prison now will mean 23 hours a day in a cell
Most Read Stories
Bankrate.com said the annual percentage yield on six-month certificates of deposit was unchanged from a week earlier at 0.15 percent.
One-year CD yields were unchanged at 0.23 percent, two-year CD yields were flat at 0.36 percent and the five-year yield was unchanged at 0.79 percent.