​ Money market mutual funds rose in the latest week says ICI. Money funds increased by $​8 billion to an almost-​record $​2.​431 trillion. Year-​to-​date assets are up $​49 billion (​4.​5%); over 52 weeks money funds are up $​375 billion (​18.​2%). Yields of 4.​5% to 5.​25% for money funds continue to draw assets from lower-​yielding bank deposits and brokerage sweep options, as well as from bonds and other traditional market "​hedges".

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