BREAKING 🚨
US retail money market fund assets have surged to a record $3.05 trillion in June, with a $202 billion YoY increase.
Retail money market fund assets have more than tripled since 2022, with a 14% compounded annual growth rate since 2019, driven by elevated risk-free yields, now at 3.57% 📈.
Stay tuned for updates, as investors take advantage of these high yields, with assets now twice as large as the peak following the 2020 pandemic ⚡.
$PORTAL, $DOLO, $PORTAL
US retail money market fund assets have surged to a record $3.05 trillion in June, with a $202 billion YoY increase.
Retail money market fund assets have more than tripled since 2022, with a 14% compounded annual growth rate since 2019, driven by elevated risk-free yields, now at 3.57% 📈.
Stay tuned for updates, as investors take advantage of these high yields, with assets now twice as large as the peak following the 2020 pandemic ⚡.
$PORTAL, $DOLO, $PORTAL