Money-Market Inflows Hit New High As Banks Demand More From Fed’s Emergency Fund
September 14, 2023 at 16:40 PM EDT
Another week, another big inflow into money-market funds (of $17.7BN), pushing total assets to a new record high of$5.642TN. That is the 8th weekly inflow of the last 9 weeks… Source: Bloomberg Once again the inflows were dominated by Retail (which haven’t seen an outflow since April) while institutional fund assets rose for the 3rd […] Source