Money Market Fund Assets Surge Back To Record High

Money market funds snapped a "streak" of redemptions in the week to April 3. Emphatically. They snapped it emphatically. The scare quotes are there to denote that it's a stretch to call two weeks a "streak." (Get it? Stretch. Streak. This is too easy by now.) But any outflow from MMFs is notable given pressing questions about the fate of some $6 trillion parked on the proverbial sidelines. Regular readers will recall that I cautioned against reading anything into recent outflows. There was a b