This year, a whopping $1.3 trillion has poured into money market funds! Depositors are scoring a sweet yield, jumping from almost zero to a solid 4%.

That’s a massive chunk of cash now ready to spend!

Money Market Funds Record: $1.3 Trillion has flowed into money market funds this year, the largest amount in history pic.twitter.com/VRylKN9kLw

— Win Smart, CFA (@WinfieldSmart) December 24, 2023