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From stocks to bonds, credit to crypto, money managers looking for somewhere to hide from the Federal Reserve-induced storm battering virtually every asset class are finding solace in a long-reviled corner of the market: cash.
From Bloomberg: From stocks to bonds, credit to crypto, money managers looking for somewhere to hide from the Federal Reserve-induced storm battering virtually every asset class are finding solace in a long reviled corner of the market: cash.
For the first time in years, money market funds are offering juicy yields.