​Money Market Funds See Biggest Inflows Since COVID As Fed F**kery Turns Huge Bank Deposit Outflows Into Inflow – Tyler Durden

Money Market Funds See Biggest Inflows Since COVID As Fed F**kery Turns Huge Bank Deposit Outflows Into Inflow Money Market funds saw a massive $121BN inflow last week – the biggest since the COVID lockdown crisis (and bigger than during the SVB collapse) – lifting total AUM to a new record high of $6.424 TN… Source: Bloomberg The tsunami of cash came primarily from institutional funds (+$113BN) in the week following The Fed rate-cut and right before the Chinese unleashed their own cash tsunami. At the same time, US banks saw deposits (seasonally-adjusted) rise by $44.2BN in the week ending…  — Continue at ZeroHedge News : Read More