• US MMFs tilted from repo to cash USTs in November - Risk.net

    Source: Buzz FX / 21 Jan 2025 23:15:26   America/Chicago


    Cash-plump US money market funds (MMFs) bulked up direct investments of US Treasuries in November, moving further away from UST-backed repos.
    MMF allocations to reverse repos collateralised by Treasuries dropped 3.3% to $1.56 trillion, the
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