Money-Market Assets Climb to Fresh Record With Rates Above 5%

Money-market fund assets climbed to a fresh record as interest rates north of 5% lure cash from banks and other short-term investments. #press

https://www.bloomberg.com/news/articles/2023-08-03/money-market-assets-climb-to-fresh-record-with-rates-above-5?utm_source=press.coop