How Is The Commercial Paper Market Doing Now, and How Does It Work? USA Today's "Commercial paper is still worth a lot of money" explains how commercial paper works and gives an update on the status of the market. "What's the future of the commercial paper market? Most people I speak to say commercial paper sold by strong companies will continue to be healthy. And even asset-backed paper, backed by high-quality assets, will be fine. But the days of mortgage-backed commercial paper sales may be numbered. The commercial paper market is seen as a place only for elite issuers, and mortgage-backed commercial paper has demonstrated that it doesn't fit that definition in many cases," says the piece. See Crane Data's September issue of the monthly Money Fund Intelligence for more on money funds, asset-backed commercial paper, and current market news.

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