Total money market mutual fund assets increased by $37.78 billion to $2.705 trillion for the week ended Wednesday, January 2, according to the Investment Company Institute.

Assets of retail money market funds increased by $13.89 billion to $943.12 billion. Taxable government money market fund assets in the retail category increased by $2.76 billion to $200.15 billion, taxable non-government money market fund assets increased by $7.90 billion to $539.12 billion, and tax-exempt fund assets increased by $3.24 billion to $203.86 billion.

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