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Money Funds See Second-Largest Inflow Since March
Money market funds saw their second-largest inflow since March's regional bank drama in the week to November 1, data released Thursday in the US showed.
The $62.68 billion haul came on the heels of a $25 billion influx the prior week.
Money funds have now recouped virtually all of the October 18-week tax-related outflow, which represented the biggest exodus since Lehman.
Total assets are now just barely below record highs hit early last month. The bulk of the inflow ($54 billion) went to go
