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Jenny Johnson on Managing a Trillion-Dollar Firm

Masters in Business

CHAPTER

Franklin Templeton's Take on Money Market Funds

Money market funds used to yield nothing. Now you're actually seeing some returns, even though there's been some concerns about some of the regulation around them. And today you can get 5.5% in the money market fund. I think that we've seen a lot of money flow into money market funds because people saw that they could get that and they weren't ready to get back into the market.

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