"​Yields fall below 4% on money funds" reports the LA Times. The article says, "​The average annualized yield on taxable money funds fell to 3.​99% in the seven days ended Tuesday, down from 4.​08% a week earlier and the first time the average has been below 4% since March 2006, data tracker iMoneyNet Inc. said Wednesday." (​Note our Crane 100 Money Fund Index above, currently 4.​49%, is higher due to its focus on the largest funds.) Also, see The Wall Street Journal'​s summary article, "​Individuals Boost Money-​Market Funds".

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