Money Market Fund Inflows Resume. RRP Near Two-Year Low
Money market funds recouped a portion of last week's massive outflow in the week to October 25, data released late Thursday showed.
The $24.88 billion haul erased around a fourth of the prior period's tax-related exodus. The bulk of the inflow was in institutional government, where all of the redemptions were last week.
Total AUM is now back up to $5.63 trillion. The record was $5.71 trillion on October 4.
As a reminder, the massive pile of cash parked in money funds is now throwing off con