Current:Home > MarketsThe dangers of money market funds -FinanceMind
The dangers of money market funds
View
Date:2025-04-16 14:02:06
In a world where the average yield on a 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! (1246)
Related
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- The Fed admits some of the blame for Silicon Valley Bank's failure in scathing report
- Natural Gas Samples Taken from Boston-Area Homes Contained Numerous Toxic Compounds, a New Harvard Study Finds
- From mini rooms to streaming, things have changed since the last big writers strike
- Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
- Analysis: Fashion Industry Efforts to Verify Sustainability Make ‘Greenwashing’ Easier
- In an Attempt to Wrestle Away Land for Game Hunters, Tanzanian Government Fires on Maasai Farmers, Killing Two
- Elon Musk threatens to reassign @NPR on Twitter to 'another company'
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- In Africa, Conflict and Climate Super-Charge the Forces Behind Famine and Food Insecurity
Ranking
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- YouTuber Grace Helbig Diagnosed With Breast Cancer
- Has JPMorgan Chase grown too large? A former White House economic adviser weighs in
- In a surprise, the job market grew strongly in April despite high interest rates
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- The Best 4th of July 2023 Sales: $4 J.Crew Deals, 75% Off Kate Spade, 70% Nordstrom Rack Discounts & More
- In Nevada’s Senate Race, Energy Policy Is a Stark Divide Between Cortez Masto and Laxalt
- In the US West, Researchers Consider a Four-Legged Tool to Fight Two Foes: Wildfire and Cheatgrass
Recommendation
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Amid a child labor crisis, U.S. state governments are loosening regulations
Elon Musk says 'I've hired a new CEO' for Twitter
The economics of the influencer industry, and its pitfalls
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Pennsylvania’s Dairy Farmers Clamor for Candidates Who Will Cut Environmental Regulations
The U.S. could run out of cash to pay its bills by June 1, Yellen warns Congress
Warming Trends: A Possible Link Between Miscarriages and Heat, Trash-Eating Polar Bears and a More Hopeful Work of Speculative Climate Fiction