Money Market Funds Now House Nearly $6.2 Trillion

If you were wondering -- and I know you were -- money market fund assets scaled a new peak early this month. At this point, remarking on record MMF AUM feels a bit like commenting on every new high for US equities, which is to say it feels a bit superfluous. "What else is new?" Or, more aptly, "What is else is news?" And yet, the latest haul for US money funds was indeed remarkable. $51.23 billion worth of remarkable, to be exact. That's how much flowed in during the holiday-shortened week to