Cash Pours Back Into Money Funds. Fed Borrowing Jumps

Cash poured back into money market funds in the week to April 26, closely-watched flows data released on Thursday afternoon showed. The $53.83 billion haul negated most of the prior week's outflow, the largest in two years. As noted here seven days ago, the $70 billion that fled US money funds during tax week in America was an anomaly, and given the distortion, was scarcely worth mentioning. This week's reversal underscores the point. Total money fund assets are back near $5.3 trillion. No