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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (43208)	3/22/2006 10:24:41 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 69345

3:11PM Taxable money-fund yields top 4%; first time since May 2001 by John Spence BOSTON (MarketWatch) -- Average yields for taxable money-market mutual funds broke through 4% for the first time since May 2001 for the week ended March 21, according to Money Fund Report, a service of iMoneyNet. Taxable yields added 4 basis points for the week to reach 4.01%, while average yields for tax-free and municipal funds gained 6 basis points to reach 2.55%, the company reported Wednesday afternoon. Meanwhile, taxable assets moved up $8.89 billion to $1.671 trillion as tax-free assets dropped $690.7 million to $352.65 billion, according to Westborough, Mass., iMoneyNet.