Global money market funds see massive inflows in the week to May 26-Lipper – Reuters
The front facade of the New York Stock Exchange (NYSE) is seen in New York, U.S., February 16, 2021. REUTERS/Brendan McDermidGlobal money market funds saw huge inflows in the week ended May 26, Refinitiv data showed, amid caution that quickening inflation could alter the direction of U.S. monetary policy and shake up asset markets.
According to Refinitiv data, money market funds received an inflow of $53.2 billion, the highest in four weeks.
The higher inflows came as investors were watchful ahead…
