Global money funds draw 46B in biggest inflow
Global money market funds attracted 46.1 billion dollars in the latest week as escalating geopolitical tensions and bond selloffs drove investors toward cash holdings. Short-term debt also gained favor while overall bond inflows cooled to a five-week low.
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Global money market funds drew $46.1B in net inflows during the week ending September 2, marking the largest weekly haul since August 5. The surge reflects growing investor caution amid escalating geopolitical tensions and a broader bond market selloff. Investors favored shorter-duration debt and cash equivalents as safe-haven demand spiked across global markets.
