Money-market funds reported inflows of $51 billion, with retail investors contributing the majority of new money, according ...
This has pushed total money market fund assets to $5.28 trillion, the largest number since the $4.8 trillion pandemic peak. MMFs invest in short-term assets and securities such as cash ...
Kate is an experienced freelance writer and editor with a passion for personal finance. From budgeting and banking to credit cards and investing, she enjoys making complex topics accessible and ...
Global money market funds witnessed a surge in inflows in the week through March 5 as investors sought safety following the ...
In light of continued market volatility, investors appeared to move money into what they see as more stable investments ...
There are no monthly maintenance fees, and you can request a debit card and/or checks for easier access to your funds. Prime Alliance Bank’s Personal Money Market Account offers 4.15% APY with ...
By investing in a money market fund, you can earn the current risk-free rate while enjoying the convenience of monthly distributions and daily liquidity. "Consumers are savvy – they will not ...
With interest rates remaining higher than they’ve been in some time, savers and investors are able to earn decent rates of return in relatively safe investments such as money market funds.