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US money market funds struggle as short-term rates near negative territory

J@vier M@rceli 4 days ago
US money market funds struggle as short-term rates near negative territory

A sector of the US finance industry that looks after $4tn of savings for individuals and businesses has come under severe strain as US markets flirt with negative interest rates. Money market funds investing in short-term government debt have taken in hundreds of billions of dollars of new money from […]

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