Money-Market Assets Top $8 Trillion for First Time, Crane Says
US money-market funds now have more than $8 trillion in assets under management, a milestone for an industry that’s skyrocketed in popularity among investors thanks to its lofty yields.
By Alex Harris · Bloomberg Markets
US money-market funds now have more than $8 trillion in assets under management, a milestone for an industry that’s skyrocketed in popularity among investors thanks to its lofty yields.