Meanwhile, prime funds went down $10.83 billion to $765.33 billion while tax-exempt money market funds slipped $3.61 billion to $106.95 billion over the same time.
"Historically, when the Fed is raising rates, bank deposit rates will adjust much more slowly than will a money market fund’s rate," he added. "From that perspective, you might be better off with a money market portfolio."
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
It’s almost as if people don’t realize there is no insurance at all for Money Market funds. 🤔
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