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Fed Short-Term Investment Facility Loses Ground to Alternatives

(Bloomberg) -- A Federal Reserve facility that briefly topped $2.5 trillion at the start of the year is approaching $1.5 trillion in size as the institutional investors that use it are increasingly convinced the central bank is done raising interest rates.Most Read from BloombergTesla’s $41,000 Model X Discount Unlocks Subsidies Musk Wanted GoneSaola Weakens After Bringing Destructive Winds to Hong KongSingapore Picks Tharman as President in Ruling Party BoostTesla Refreshes Model 3 and S...
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Source: yahoo.com

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