​Money-Market Fund Assets Hit Another New Record High as Domestic Bank Depos Surge To Pre-SVB Levels – Tyler Durden

Money-Market Fund Assets Hit Another New Record High as Domestic Bank Depos Surge To Pre-SVB Levels Amid all the volatility of the last few weeks in stocks, money markets have seen a constant inflow of funds (six straight weeks) with the last week adding $23.4BN to total MM fund AUM to a new record high of $6.324TN… Source: Bloomberg That is $188BN of inflow in six weeks – the biggest since the turn of the year seasonal flows. At the same time, US banks saw almost $53BN of deposit inflows in the week-ending 09/04, pushing total (seasonally-adjusted) deposits to their…  — Continue at ZeroHedge News : Read More