03.04.26

MMFs Rise to Record $8.27 Trillion in Dash for Cash

by: Alex Harris

U.S. money-market fund (MMF) assets have climbed to a record $8.27 trillion as investors move cash into safer holdings amid rising geopolitical tensions and market uncertainty. Approximately $49 billion flowed into MMFs in the week ending March 3, according to data from Crane Data, with about $18.5 billion entering in a single day after markets reacted to renewed fighting in the Middle East. The surge reflects a broader “dash for cash,” as investors look for stability while stocks and other risk assets face volatility.

Read the full article on Bloomberg