U.S. money market fund assets
fell this week but held above $3 trillion as investors shifted
some cash back into stock and bond funds away from ultrasafe
assets, the Money Fund Report said on Wednesday. Money funds, which are seen as alternatives to bank
accounts, recorded $8.40 billion in outflows, totaling $3.007
trillion in the week ended Jan. 29, according to the report,
published by iMoneyNet. Earlier this month, money fun.