Investors Rushing To The Exit (All Time High Into Money Market Funds

Investors have spent the past couple of weeks in a “sell everything” mind set. That’s turned into a windfall for money-market funds. Money flowed into those funds at a breakneck pace in the most recent week. It was the third straight week of record highs, each one nearly doubling the figure of the week before: from $87.6 billion the week of March 11 to $148 billion the following, and finally $258.9 billion in the period ending March 25.

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