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The Newest ‘Bubble’ Is in Money-Market Funds

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March 31, 2023
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The Next ‘Bubble’ to Pop? Money Market Funds. | Barron’s

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People are rushing into money-market funds. That can’t last much longer—and investors could even do a one-eighty soon, with positive consequences for banks. 

Total assets held in money-market funds, which are investment vehicles that buy cash-like securities such as short-term Treasury bills, recently reached close to $5.5 trillion, according to RBC. That is the highest on record. 

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