Investors continued to rush to the safety of cash this week, putting an additional $29.06 billion in money market mutual funds, for a total of $3.743 trillion, according to the Investment Company Institute.

The nation’s retail money market mutual fund assets rose by $6.73 billion to $1.283 trillion for the week ending Dec. 3, while assets of taxable retail money market funds rose by $4.58 billion to $982.77 billion. Tax-exempt fund assets gained $2.15 billion to settle at $300.37 for the week.

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