Funding Markets Show Dash for Cash as Firms Build Buffers

Recent activity in funding markets shows a quiet push by financial institutions to build up buffers that would help protect against any credit meltdowns or market distress, a sign they...

By Alex Harris · Bloomberg Markets

Recent activity in funding markets shows a quiet push by financial institutions to build up buffers that would help protect against any credit meltdowns or market distress, a sign they perceive rising risks even as overall conditions remain stable for now.