Surveillance: Fed Course with Susan Collins
Bloomberg Surveillance
00:00
The Instabilities of the Money Market Funds
A huge number of money is moving from the banks to higher yielding alternatives. The public has woken up, they found out that I'm getting zero at the bank, I can get four and a half in something else. We have seen it increase at an astronomical pace over the past two weeks with more than $300 billion of inflows.
Play episode from 19:24
Transcript
