Russ Wiles of the Arizona Republic writes "Money funds: Another bubble deflating?" The article asks, "First stocks, then real estate. Now, money-market mutual funds?" Wiles says, "If you didn't notice, a lot of cash had been piling up in money-market mutual funds lately. In fact, global money-fund assets hit a record $5 trillion in the third quarter, with U.S. money-fund assets topping $3.5 trillion in early April. But investors are starting to pull out their cash ... reports Money Fund Intelligence newsletter, which speculates that 'the largest cash buildup in history may be at an end'". Reasons include easing fears and falling yields. "Crane Data, which publishes the Money Fund Intelligence newsletter, cites a 2.08 percent average yield on money funds at the end of April. That's down from nearly 5 percent roughly a year ago."

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September