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Money Market Funds hit an all-time high of $6.11 trillion after a weekly inflow of $70.5 billion (the largest weekly inflow in 3 months) https://t.co/tmRvK4at2G
"MMFs: annualizing $1.2tn inflow (2nd highest ever)." - BofA Hartnett https://t.co/MhT1T3zrE0
Demand for Money Market Funds (MMFs) is through the roof. The total asset level of MMFs is approaching $6.4 trillion, a record high, while the asset level of retail MMFs is approaching $1.8 trillion, also a record high. https://t.co/Hi1AAh4rur
Money Market Funds in the US are experiencing significant growth, with total assets nearing $6.4 trillion and retail assets close to $1.8 trillion, both record highs. Inflows have been substantial, with an annualized inflow of $73 billion reported as an all-time high. Last week alone, $70.5 billion flowed into these funds, marking the largest weekly inflow in three months.