Money-Market Fund Assets Climb to Fresh Record $5.58 Trillion

09/01/2023 06:42
Money-Market Fund Assets Climb to Fresh Record $5.58 Trillion

Money-market fund assets climbed to a fresh all-time high as longer-dated Treasury yields retreated sharply from last week’s peaks.

  • About $14.37 billion poured into US money-market funds
  • Government fund assets rise by $8.44 billion to $4.59 trillion

Money-market fund assets climbed to a fresh all-time high as longer-dated Treasury yields retreated sharply from last week’s peaks.

About $14.37 billion poured into US money-market funds in the week through Aug. 30, according to data from the Investment Company Institute. Total assets reached $5.58 trillion, versus $5.57 trillion the previous week.

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Money-Market Fund Assets Climb to Fresh Record $5.58 Trillion

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