Fed’s Bank Bailout Fund Explodes To Record High As Massive Money-Market Fund Inflows Continue
- Fed’s Bank Bailout Fund Explodes To Record High As Massive Money-Market Fund Inflows Continue
by Tyler Durden, https://www.zerohedge.com/
Money-market funds saw another large ($61.5BN) inflow last week. That is the sixth straight week of inflows, adding $290BN in that time to a new record high of $5.9TN…
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In a breakdown for the week to Dec. 6, government funds – which invest primarily in securities like Treasury bills, repurchase agreements and agency debt – saw assets rise to $4.829TN, a $56.1BN increase.
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Prime funds, which tend to invest in higher-risk assets such as commercial paper, meanwhile, saw assets climb to $946BN, a $6.1BN increase. Institutional funds saw the bulk of the inflows once again (+$43BN) while the unbroken trend of inflow into Retail funds continues (+$18.5BN)…
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