skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Global Search Configuration

Money Market Funds experience record redemptions in mid-July

With the average 30-day yield of taxable funds down to six basis points and pandemic-delayed tax deadlines looming, US Money Market Funds posted record outflows during the second week of July. The desire among investors to put money back to work, however, remains tempered by rising COVID-19 caseloads in the Americas, the lack of certainty about the economic damage done by the pandemic over the past four months and its likely course over the next six months.

Global Navigator 

For more insight subscribe here.

Any questions? Speak to a specialist

Would you like to request sample data or analysis from Informa Financial Intelligence? 

See how our tailored solutions can help you gain a competitive advantage: