# Money market fund assets were at $7.63 trillion as of the week ended April 29.

*fintech · news · 2026-05-06 · CNBC*

## Key points

- Money market fund assets reached $7.63 trillion as of the week ended April 29.
- BlackRock analysis shows cash earns 2.8% after rate-cut pauses, versus 7-9% for bonds.
- UBS and Wells Fargo recommend moving excess cash into quality bonds to lock in current yields.
- Municipal bonds now offer a taxable equivalent yield of about 5.84% for high tax bracket investors.
- The iShares Short Duration Bond Active ETF (NEAR) offers a 4.26% yield with a 2.14-year duration.

**Companies:** BlackRock, UBS, Wells Fargo Investment Institute
**Countries:** United States

[Read the full story on CNBC](https://www.cnbc.com/2026/05/06/this-is-what-it-costs-investors-to-stay-in-cash-and-what-to-do-instead-.html)

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