Significant Surge in US Money Market Funds Ahead of Elections

Reported 17 days ago

U.S. investors shifted substantial funds to money market instruments ahead of the presidential election, amassing a net purchase of $78.68 billion in the week leading to November 6. This marked the largest weekly demand since late September, as investors remained cautious about election results and Federal Reserve policies. Additionally, U.S. equity funds and bond funds also saw notable inflows, particularly within large-cap and industrial segments.

Source: YAHOO

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