The Wall Street Journal'​s weekly asset and yield update says, "Investors to money-​market funds contributed $​54 billion in the week ended Tuesday, bringing total net assets to $​3.​460 trillion, according to the Money Fund Report, published by iMoneyNet Inc." See also Reuters' story.

Crane Data'​s separate (​and less comprehensive) daily series shows assets increasing by $​69 billion in the week, with yields declining by 37 bps for our Crane 100 and declining by 46 bps for our broader Crane Money Fund Average. We expect this afternoon'​s ICI numbers to verify that we'​re seeing one of the largest weekly increases ever for money funds.

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