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Traders flock to Treasury market for safety as tech-led stock selloff deepens

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MarketWatch Top Stories
By Joy Wiltermuth
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Traders flock to Treasury market for safety as tech-led stock selloff deepens
Photo / Coverage: MarketWatch Top StoriesCredit: Joy Wiltermuth
EXECUTIVE 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.

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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