Money fund assets increased for the 8th week in a row and broke back above the $​2.​7 trillion level for the first time since February. The Investment Company Institute released its latest weekly "Money Market Fund Assets" report, which says, "Total money market fund assets increased by $​18.​47 billion to $​2.​71 trillion for the week ended Wednesday, December 10.... Among taxable money market funds, Treasury funds (​including agency and repo) increased by $​8.​49 billion and prime funds increased by $​9.​38 billion. Tax-​exempt money market funds increased by $​600 million. Assets of retail money market funds decreased by $​2.​65 billion to $​897.​67 billion. Among retail funds, Treasury money market fund assets decreased by $​1.​74 billion to $​196.​48 billion, prime money market fund assets decreased by $​1.​41 billion to $​515.​19 billion, and tax-​exempt fund assets increased by $​500 million to $​186.​00 billion. Assets of institutional money market funds increased by $​21.​12 billion to $​1.​81 trillion. Among institutional funds, Treasury money market fund assets increased by $​10.​24 billion to $​790.​32 billion, prime money market fund assets increased by $​10.​78 billion to $​947.​99 billion, and tax-​exempt fund assets increased by $​100 million to $​70.​37 billion." Since September 24, MMF assets have climbed $​120 billion, and since July 23, when the SEC passed its Money Fund Reforms, assets have climbed $​141 billion. Year-​to-​date, money fund assets have decreased by a mere $​12 billion, or 0.​5%, making 2014 the third year in a row that assets have been virtually flat.

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