The dangers of money market funds

2024-12-25 10:13:04 source:lotradecoin servicequality category:My

In a world where the average yield on a traditional savings account is low and it's not always easy to cash in higher-yielding investments, many are flocking to the money market fund. These funds have amassed over $5 trillion in assets. But what makes them so special?

Today, we break down the essential things to know about money market funds, why they're important to the financial system, and why a potential debt default could destabilize this crucial piece of infrastructure.

Music by Drop Electric. Find us: Facebook / Newsletter.

Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.

More:My

Recommend

Amazon's Thank My Driver feature returns: How to give a free $5 tip after delivery

Thanksgiving may be over, but the season for giving is still upon us.Amazon is providing customers a

'The Regime' series finale: Kate Winslet breaks down the ending of her HBO political drama

Spoiler alert! The following post contains details of the series finale of HBO’s “The Regime” (now s

Stock market today: Asian shares mostly rise as investors look to earnings and inflation signs

TOKYO (AP) — Asian shares mostly rose Monday as investors looked ahead to earnings reports from top