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