"Money Funds Lag Despite U.S. Action" is another muckraker on money funds by The Wall Street Journal. It says [incorrectly], "Investors have been pulling assets from money funds since September, when a big offering called the Reserve Primary fund slumped because of its stake in commercial paper tied to dissolving Lehman Brothers Holdings." [Note: Money funds have seen assets break over $3.6 trillion recently, a new record level.] Also, WSJ writes "Spike in Failed Repos Strains Market" and Bloomberg writes "Fed Says Overnight Securities Excluded From Backstop". In rating news, see "Moody's assigns Aaa/MR1+ money market fund ratings to Sterling Gilt Liquidity Fund", "Moody's changes ratings designation of Aviva GBP and Euro Funds", and "Nedgroup Investments Funds PLC Assigned 'AAAf/S1+' Fund Credit Quality And Volatility Ratings".

Email This Article




Use a comma or a semicolon to separate

captcha image

Daily Link Archive

2024 2023 2022
March December December
February November November
January October October
September September
August August
July July
June June
May May
April April
March March
February February
January January
2021 2020 2019
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2018 2017 2016
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2015 2014 2013
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2012 2011 2010
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2009 2008 2007
December December December
November November November
October October October
September September September
August August August
July July July
June June June
May May May
April April April
March March March
February February February
January January January
2006
December
November
October
September