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Money-Market Assets Climb To Fresh Record With Rates Above 5%

Money-market fund assets climbed to a fresh record as interest rates north of 5% lure cash from banks and other short-term investments.

<div class="paragraphs"><p>A stock trader monitoring data. (Source: freepik)</p></div>
A stock trader monitoring data. (Source: freepik)
(Bloomberg) -- Money-market fund assets climbed to a fresh record as interest rates north of 5% lure cash from banks and other short-term investments.
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