Bank Bailout Facility Usage Hits New Record High As Money-Market Fund Inflows Soared Again Last Week

• Bank Bailout Facility Usage Hits New Record High As Money-Market Fund Inflows Soared Again Last Week
  by Tyler Durden, https://www.zerohedge.com/
  After Friday’s deposits data hinted – on a seasonally-adjusted and pre-revision basis – that outflows had stalled, we note that regional bank stocks have gone nowhere and, as we just found out, money market fund inflows have continued to soar. The last week saw a $31.7 billion inflow into money market funds to a new record high of $5.42 trillion – the 6th week in a row (and 11th week of the last 12)
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  Notably, in the last 14 weeks – since SVB’s panic began – money-market funds have seen an aggregate $600 billion in inflows. Institutional funds saw $19.77 billion in inflows while retail funds added around $12 billion…
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