Global money funds see $46.1B inflow in week to Sept. 2
Global money market funds attracted net inflows of $46.1 billion in the week through Sept. 2, as escalating U.S.-Iran tensions and a global bond selloff pushed investors toward cash and shorter-duration debt.
Global money market funds attracted significant inflows in the week through September 2, as escalating U.S.-Iran tensions and a selloff in global bonds prompted investors to increase cash holdings and favour shorter-duration debt.Investors added a net $46.1 billion to global money market funds, the…