U.S. tax-free money fund outflow largest since 2010

April 22, 2015 7:42 PM

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NEW YORK, April 22 (Reuters) - Assets at U.S. tax-free money market funds fell $5.71 billion in the latest week, their biggest weekly withdrawals in nearly 5-1/2 years, the Money Fund Report said on Wednesday.

The asset drop in tax-free funds was the biggest since the week of Jan. 18, 2010 when assets declined $7.67 billion.

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