Bank of America said Wednesday it is still considering options for its money market funds group.
All five of these companies now yield more than the 0.5% average yield of money market funds.
Last year Americans increased their financial assets--checking accounts, money market funds, mutual funds, IRAs, etc.
The next 40 pages explains some basic investments, like bonds, commercial paper and money market funds.
Now 52, he pioneered a way of turning industrial development bonds into tax-exempt money market funds.
It's helped out money market funds who were crucial to the inner workings of the economy.
All of the other banks, the hedge funds, money market funds and so on.
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In addition, many money market funds and corporate treasuries held Auction Rate Preferred Securities (ARPS).
But money market funds would probably enjoy somewhat higher yields as interest rates rise.
Back then, the factor we cited was the pending demise of money market funds.
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Money market funds invest in short-term fixed-income securities or commercial paper from governments, financial institutions and corporations.
Money market funds remain large, and continue to invest in securities subject to interest rate and credit risk.
Institutional money market funds also hold fewer assets now than they did at the start of the year.
Investors cannot afford to watch their wealth wither away in low returning money market funds and short-term bonds.
It turns out that the biggest American money market funds have relatively little direct ownership of Greek government debt.
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As a result, investors have parked billions of dollars in money market funds, earning next to nothing in interest.
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In the mid-1970s the elder Donahue began selling a new product: money market funds, primarily to bank trust departments.
Cash parked in U.S. money market funds as of October, according to Goldman Sachs Vice Chairman (International) Bob Hormats.
Those who use money market funds know they are not risk-free and that they come with no federal guarantees.
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Would money market funds, which technology made possible in the 1970s, have proliferated if such an agency had been around?
Money market funds may also invest in municipal bonds backed by state governments, short-term notes issued by corporations, or CDs.
The low interest rate environment also makes holding gold funds better than holding cash or money market funds, he says.
Money parked in money market funds, checking accounts, and CDs these days is dead money, as it barely yields any income.
From her perspective, Schapiro seems to have concluded that money market funds remain vulnerable to investor psychology that prompts redemption runs.
Their database is composed of Treasury issues, federal agency issues, mortgages, corporate bonds, municipal bonds, money market funds and asset-backed securities.
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Many of them refuse to dip a toe into the stock market, choosing instead to remain beached in money market funds.
It is the very real threat of another run on big banks and money market funds, as took place in 2008.
With inflation expectations that exceed the nominal interest paid on saving accounts, money market funds, and Treasuries, real returns are negative.
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Yes, high yield is overvalued, but safe money in the form of money market funds pays one or two basis points.
French banks have suffered from a bout of risk aversion from U.S. money market funds, a prime source of short-term dollar funding.
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