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iMoneyNet: U.S. Money Market Assets Rise Five Straight Weeks

FYI: U.S. money market fund assets rose for a fifth consecutive week, bringing its total to more than a nine-year high as investors pour cash into low-risk funds on concerns about escalating U.S.-China trade tensions, a private report released on Wednesday showed.

U.S. money fund assets increased by $17.26 billion to $3.110 trillion in the week ended May 28, the Money Fund Report said.
Regards,
Ted
https://www.reuters.com/article/us-funds-imoneynet/u-s-money-market-assets-rise-five-straight-weeks-imoneynet-idUSKCN1SZ2GW

iMoney Net Website:
https://financialintelligence.informa.com/products-and-services/data-analysis-and-tools/imoneynet
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