Money-market funds swell to record $5.4 trillion as assets pour in at fastest pace since pandemic after SVB collapse
March 21, 2023 at 12:54 PM EDT
Assets held by money-market mutual funds swelled to a record high of $5.4 trillion last week as money flowed in at the fastest pace since the start of the COVID-19 pandemic, according to Crane Data, which tracks activity in the money-market fund industry.
