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Rating:Investors Poured $58.38 Billion into Money Funds in the Latest Week Not Rated 1.0 Email Routing List Email & Route  Print Print
Thursday, October 16, 2008

Investors Poured $58.38 Billion into Money Funds in the Latest Week

by: Armie Margaret Lee

The Treasury Department's guarantee program appears to have succeeded in easing investor jitters surrounding money market funds. In the week ended October 14, investors poured $58.38 billion into money-market funds, marking the third week of net buying in the funds, reports The Wall Street Journal's Daisy Maxey, citing numbers from the Money Fund Report.

Assets in money-market funds now total $3.446 trillion.  

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