US money market funds see big inflows amid debt ceiling caution

  • 📰 Reuters
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

U.S. money market funds saw big inflows in the week to May 24 as investors favored safer bets ahead of a deadline for politicians to agree an increase in the country's debt ceiling.

According to Refinitiv Lipper data, U.S. money market funds received a net $39.9 billion of inflows, the biggest week of net buying in four weeks.U.S. President Joe Biden and top congressional Republican Kevin McCarthy are closing in on a deal to raise the government's $31.4 trillion debt ceiling for two years, a U.S. official told Reuters, but time is running short.it will run out of funds within a week, and legislating any deal will take that down to the wire.Investors sold $1.

equity value funds and $703 million from growth funds, respectively.Meanwhile, sectoral equity funds remained in demand as they drew a net $335 million worth of inflows. Tech and consumer discretionary sectors received a net $420 million and $289 million, respectively.On the other hand, U.S. bond funds attracted a fourth week of inflows, worth about $4.22 billion.U.S. corporate and high yield funds also drew $1.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP

日本 最新ニュース, 日本 見出し