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Money market funds see surge in cash inflows amid financial uncertainty.

1 min read
Source: Financial Times
TL;DR

Investors are pouring cash into US money market funds as they flee bank turmoil caused by the coronavirus pandemic. The funds have seen inflows of $1tn since February, with investors seeking safety and liquidity. The trend has been driven by institutional investors, who have been using the funds to leverage their positions in the market.

Topics:businessfinance#bank-turmoil#cash#finance#investors#leverage#us-money-market-funds
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  1. Cash pours into US money market funds as investors flee bank turmoil  Financial Times
  2. Big week for money market funds amidst financial turmoil  Fox Business
  3. Money Market Funds Get Biggest Cash Inflow Since Early 2020  Bloomberg
  4. Global money market funds draw massive inflows in week to March 15  Reuters
  5. Cash in your brokerage account may be costing you thousands  MarketWatch

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