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Looming Money-Market Shift Has Big Implications For Risk Assets

FYI: The world’s most boring investment is about to get interesting again.

When the Federal Reserve makes its forecast interest-rate increase next week, it will take the benchmark above core inflation for the first time since 2008. Money market funds, the bank-deposit alternatives that invest mainly in very short-dated securities, are already enjoying their longest streak of inflows since the global financial crisis.
Regards,
Ted
https://www.fa-mag.com/news/looming-money-market-shift-has-big-implications-for-risk-assets-40949.html?print
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