money market funds
The latest news on money market funds
New program will help money funds meet investor redemptions.
If you’re fleeing to cash, consider high(er) yielding bank products.
Assets jump $12.4 billion in a week.
Those on board include Schwab, Putnam, and Morgan Stanley.
The government now offers temporary insurance.
Treasury Department releases information to help consumers with questions about its new program.
Holdings will be insured.
A freeze on the Reserve Primary Fund puts others under scrutiny.