U.S. Investors Seek Safety in Money Market Funds
Recent economic developments have prompted U.S. investors to seek refuge in more conservative financial instruments. In the week ending August 7, there was a significant shift as investors poured a whopping $47.48 billion into U.S. money market funds, according to LSEG data. This movement marks the largest weekly inflow since April 3, reflecting a retreat from riskier investments amidst a stock market sell-off.
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