Capital market

Money market funds

23.3.2023

Money market funds

Trends

Capital market

The Fed's tightening has caused the interest rates that can be achieved for three-month Treasuries with virtually no risk to fall to 4.7%. This is a great incentive to shift liquidity from cash into money market funds. And this has already happened on a large scale. This chart shows the latest data from Refinitiv Lipper, ahead of this weekend (and the Credit Suisse takeover by UBS):

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