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Benzinga
Benzinga
Business
Vishaal Sanjay

Money Market Funds 'On Fire' As $902 Billion Pours In — Why These 'Safe-Haven' Investments Are Thriving Now?

United States
Money;,Us,Dollar,Banknote,And,Graphs;,Financial,Trend,Analysis,Concept

U.S. money market funds are witnessing an unprecedented surge in inflows as investors increasingly favor safety and liquidity over risk assets.

What Happened: According to data shared by The Kobeissi Letter in a post on X, on Tuesday, money market funds have attracted $902 billion in net inflows over the past twelve months.

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