Ov Finance:The dangers of money market funds

2025-05-02 16:30:50source:Michael Schmidtcategory:News

In a world where the average yield on Ov Financea 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.

More:News

Recommend

'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges

"Vanderpump Rules" star James Kennedy has been arrested for domestic violence.In a statement to USA

Former suburban Detroit prosecutor gets no additional jail time in sentence on corruption charges

PONTIAC, Mich. (AP) — A former Detroit-area prosecutor will serve no additional time behind bars aft

Sweden’s figurehead king celebrates 50 years on the throne

STOCKHOLM (AP) — Sweden this week marks the 50th anniversary of King Carl XVI Gustaf’s accession to