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iMoneyNet: U.S. Money Market Assets Rise To Highest Since 2009: Yields Fall To 1.86% -

TedTed
in The Bullpen
FYI: U.S. money market fund assets jumped to their highest level since 2009 as investors unnerved by the rapid deterioration in trade talks between China and the United States piled into these cash-like investments, a private report showed on Wednesday.

Fears about the clash between world’s two biggest economies grew after U.S. President Donald Trump pledged last Thursday to impose a 10% tariff on $300 billion worth of Chinese-made goods.
Regards,
Ted
https://www.reuters.com/article/us-funds-imoneynet/u-s-money-market-assets-rise-to-highest-since-2009-imoneynet-idUSKCN1UX28Z
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