Current:Home > MarketsIndexbit-The dangers of money market funds -BeyondProfit Compass
Indexbit-The dangers of money market funds
Robert Brown View
Date:2025-04-10 23:15:10
In a world where the average yield on Indexbita traditional savings account is low and it's not always easy to cash in higher-yielding investments, many are flocking to the money market fund. These funds have amassed over $5 trillion in assets. But what makes them so special?
Today, we break down the essential things to know about money market funds, why they're important to the financial system, and why a potential debt default could destabilize this crucial piece of infrastructure.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
veryGood! (4554)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Hamas militants held couple hostage for 20 hours
- 'Aggressive' mama bear, cub euthanized after sow charges at 2 young boys in Colorado
- Food Network Star Michael Chiarello's Company Addresses His Fatal Allergic Reaction
- Nevada attorney general revives 2020 fake electors case
- How to safely watch the solar eclipse: You'll want eclipse glasses or a viewer Saturday
- Louisiana principal apologizes, requests leave after punishing student for dancing at party; her mom says too little, too late
- Why Meghan Markle Says She's Frightened for Her Kids' Future in a Social Media Age
- Trump issues order to ban transgender troops from serving openly in the military
- 'I am Lewis': Target's Halloween jack-o'-latern decoration goes viral on TikTok
Ranking
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- NCAA President Charlie Baker to testify during Senate hearing on college sports next week
- Cowboys owner Jerry Jones still believes Dak Prescott can take team to Super Bowl
- 'No one feels safe': Palestinians in fear as Israeli airstrikes continue
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Prosecutors ask judge to take steps to protect potential jurors’ identities in 2020 election case
- Hughes Van Ellis, one of few remaining survivors of the Tulsa Race Massacre of 1921, dies
- From Candy Corn to Kit Kats: The most popular (and hated) Halloween candy by state
Recommendation
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
US Border Patrol has released thousands of migrants on San Diego’s streets, taxing charities
The former chairman of the Arkansas State Medical Board has been arrested for Medicaid fraud
Maralee Nichols Shares Tristan Thompson’s Son Theo Is “Always Wanting to Help”
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
The US declares the ousting of Niger’s president a coup and suspends military aid and training
Vessel Strikes on Whales Are Increasing With Warming. Can the Shipping Industry Slow Down to Spare Them?
104-year-old Chicago woman dies days after making a skydive that could put her in the record books