Tax-free money market funds continued to seesaw during the week ending Aug. 30, declining $2.84 billion to $337.91 billion in total assets on the heels of nearly $600 million the previous week, according to the Money Fund Report, a service of iMoneyNet.com.
Outflows subsided to $597.3 million last week when total hit $340.75 billion. That followed a $4.99 billion hemorrhaging in the week ending Aug. 16 when total assets settled at $341.34 billion.
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