US Banks See Further Deposit Outflows As Money-Market Fund Assets Hit Another New Record High
US Banks See Further Deposit Outflows As Money-Market Fund Assets Hit Another New Record High For the eighth week in the last nine, money market funds saw inflows (+$38.7BN), pushing the total AUM up to a new record high of $6.463TN… Source: Bloomberg Non-seasonally-adjusted (NSA) bank deposits saw outflows for the third week in a […]
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