The Next ‘Bubble’ to Pop? Money Market Funds. | Barron’s
People are rushing into money-market funds. That can’t last much longer—and investors could even do a one-eighty soon, with positive consequences for banks.
Total assets held in money-market funds, which are investment vehicles that buy cash-like securities such as short-term Treasury bills, recently reached close to $5.5 trillion, according to RBC. That is the highest on record.
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