High yields have led to U.S. money-market funds securing another all-time high of $8 trillion after surpassing $7 trillion in ...
NEW YORK (Reuters) -More than $1 trillion in U.S. short-term bills are expected to flood the market over the next 1-1/2 years following the increase in the debt ceiling, as the Treasury replenishes ...
The fund operates as a “government money market fund” pursuant to Rule 2a-7 under the Investment Company Act of 1940, as amended. Accordingly, the fund invests at least 99.5% of its total assets in (i ...
While savings products largely shed yields over the past year, money-market accounts have bucked the trend with averages holding at 0.66% APY over the period, according to the latest government data.
In today's evolving economic landscape, when inflation is rising again, high interest rates remain on pause and the costs of everyday expenses are elevated, maintaining access to the money you have ...
The Federal Reserve’s rate cut will reduce investor returns, yet money market funds remain a good deal, our columnist says. By Jeff Sommer Jeff Sommer writes Strategies, a weekly column on markets, ...
NEW YORK, July 14 (Reuters) - More than $1 trillion in U.S. short-term bills are expected to flood the market over the next 1-1/2 years following the increase in the debt ceiling, as the Treasury ...