Total U.S. money-market mutual-fund assets rose by $7.32 billion to $2.58 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.
The seven-day compounded yield was flat at 0.01 percent.
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.
- Amid drought, Rattlesnake Lake reveals its roots
- Probe of 777 engine’s explosive failure pinpoints its origin
- Lloyd McClendon’s status is at the top of the new Mariners GM’s list
- Seattle-area teen loved football, says grieving father
- SEC adds millions to developer’s alleged fraud in Seattle
Most Read Stories
Bankrate.com said the annual percentage yield on six-month certificates of deposit was unchanged from a week earlier at 0.14 percent.
One-year CD yields were also unchanged at 0.24 percent, while two-year CD yields were flat at 0.38 percent.
The five-year yield rose to 0.80 percent from 0.79 percent.