The Investment Company Institute'​s latest weekly "Money Market Fund Assets" report shows money fund assets jumping by $​122.​4 billion to $​7.​749 trillion. MMFs fell $​11.​0 billion the previous week, and they fell by a massive $​175.​8 billion three weeks prior, the largest weekly drop ever. (​The second largest drop ever was also tax related, $​125.​4 billion during the week ended April 16, 2025; the third largest was $​121.​3 billion the week of Sept. 17, 2008; and the fourth largest was $​112.​0 billion the week ended April 17, 2024.) Assets hit a record high $​7.​856 trillion seven weeks ago. MMFs have risen in 24 of the last 33 weeks and 32 of the past 42 weeks. MMF assets are up by $​803 billion, or 11.​6%, over the past 52 weeks (​through 5/​6/​26), with Institutional MMFs up $​591 billion, or 14.​5% and Retail MMFs up $​212 billion, or 7.​4%. Year-​to-​date in 2026, MMF assets are up by $​16 billion, or 0.​2%, with Institutional MMFs up $​9 billion, or 0.​2% and Retail MMFs up $​7 billion, or 0.​2%. ICI'​s weekly release says, "Total money market fund assets increased by $​122.​35 billion to $​7.​75 trillion for the week ended Wednesday, May 6, the Investment Company Institute reported.... Among taxable money market funds, government funds increased by $ …