3 ms·
Dude One money market fund, which was a tiny tiny percentage of overall money market funds, broke the buck by like 3% Also money market funds aren't insured (
by dmoy 3y ago
Dude
One money market fund, which was a tiny tiny percentage of overall money market funds, broke the buck by like 3%
Also money market funds aren't insured (typically)
Also, money market funds for sweep now have much stricter regulations to prevent even that from occurring again.