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BofA Says Investors Poured $508 Billion Into Cash This Quarter
More than $100 billion have flocked into money-market funds in the past two weeks alone, they said.
31 Mar 2023, 07:02 PM IST
(Bloomberg) -- Investors are piling into cash at their fastest pace since the onset of the pandemic, unnerved by a series of bank runs while seeking out higher interest rates at money-market funds.
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