Investors have been piling cash into money-market funds because of their low risk and attractive interest rates.
Assets in money-market funds reached $7.302 trillion for the week ended Sept. 10, a record. Investors had been piling cash ...
While savings products largely shed yields over the past year, money-market accounts have bucked the trend with averages holding at 0.66% APY over the period, according to the latest government data.
Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.
Gabelli Funds analyzes Q2 2025 Treasury market shifts, Fed policy signals, and investor behavior. See how macro trends shaped ...
Savers have come out on top over the past few years, thanks to the rate hikes conducted in 2022 and 2023 by the Federal Reserve to help tame inflation. The decisions the Federal Reserve makes for its ...