Assets in money-market funds have dropped for the fourth straight week. For the week ended Wednesday, money-market fund assets declined by $3.8 billion, The Wall Street Journal reports
, citing Investment Company Institute numbers.
The WSJ also picked up on numbers from iMoneyNet, which reported that the funds it tracks saw
assets grow $2.62 billion. This marks a turnaround from a $49.83 outflow in the previous week.
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