Money Market Funds Back To Outflows. RRP Lowest In 15 Months

Money market fund flows are starting to get choppy. After a mammoth inflow last week, more than $20 billion hit the exits in the week to July 12, data released on Thursday evening in the US showed. This week's outflow was concentrated almost entirely in institutional government, which bled $29.37 billion. Retail government funds notched a minuscule outflow. Prime funds, by contrast, took in more than $10 billion, split evenly between institutional and retail investors. The prior week's $44