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KM Financial Solutions | UPDATE 1-U.S. money market funds see biggest inflows in nearly 5 years -Lipper
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UPDATE 1-U.S. money market funds see biggest inflows in nearly 5 years -Lipper

06 Jun UPDATE 1-U.S. money market funds see biggest inflows in nearly 5 years -Lipper

Posted at 23:10h in News by
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(Adds details on funds, analyst quote, table, byline)
By Trevor Hunnicutt
NEW YORK, June 7 (Reuters) – Investors flooded U.S.-based
money market funds with the most cash in nearly five years in
the latest week, seizing an opportunity to reap richer yields
while taking less risk, Lipper data showed on Thursday.
The funds, where investors park cash, pulled in nearly $34.9
billion during the seven days through June 6, according to the
research service.
Trade tensions, euro-zone str

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