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Cryptopolitan
2023-03-27 15:33:15

Money market funds see huge influx of cash amid banking crisis turmoil

Money market funds see huge influx of cash amid banking crisis turmoil

Investors are flooding into US money market funds as concerns about the safety of bank deposits increase amid the collapse of two regional US banks and the rescue deal for Credit Suisse. According to data provider EPFR, more than $286 billion has poured into money market funds in March, making it the biggest month of … Money market funds see huge influx of cash amid banking crisis turmoil Read More »

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