Banks’ Usage Of The Fed’s Emergency Facility Hits New Record High As Money-Market Fund Inflows Resume
- Banks’ Usage Of The Fed’s Emergency Facility Hits New Record High As Money-Market Fund Inflows Resume
by Tyler Durden, https://www.zerohedge.com/
After last week’s brief (and small) dip, US money-market funds saw inflows once again last week, adding $14.4BN to reach a new record high of $5.5TN…
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Retail funds saw inflows for the 19th straight month (+3.5BN) and Institutional funds returned to inflows (+10.9BN) after a $10.1BN outflow last week… Although bank deposits did see significant outflows last week, the decoupling between money-market fund inflows and bank deposits continues…
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