A record $8 trillion in cash is now also on the sidelines in U.S. money-market funds, according to the Investment Company Institute.
Traders flock to Treasury market for safety as tech-led stock selloff deepens
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MarketWatch Top StoriesBy Joy WiltermuthEXECUTIVE SUMMARY
A record $8 trillion in cash is now also on the sidelines in U.S. money-market funds, according to the Investment Company Institute.
Key Takeaways
- Traders flock to Treasury market for safety as tech-led stock selloff deepens.
- A record $8 trillion in cash is now also on the sidelines in U.S.
- money-market funds, according to the Investment Company Institute.
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