Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

U.S. Money Market Assets Hit Highest In Over Nine Years

FYI: U.S. money market fund assets reached their highest level in more than nine years as investors poured cash into low-risk investments following a flare-up in trade tension between China and the United States, a private report released on Wednesday showed.

U.S. money market fund assets increased by $40.67 billion to $3.092 trillion in the week ended May 21, marking the highest amount since March 2010, the Money Fund Report said.
Regards,
Ted
https://www.reuters.com/article/us-funds-imoneynet/u-s-money-market-assets-hit-highest-in-over-nine-years-idUSKCN1SS2QN
Sign In or Register to comment.