Current:Home > StocksThe dangers of money market funds -Legacy Profit Partners
The dangers of money market funds
View
Date:2025-04-26 12:42:37
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! (41)
Related
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Taylor Swift gives $100,000 to the family of the woman killed in the Chiefs parade shooting
- The Census Bureau is thinking about how to ask about sex. People have their opinions
- 'Footloose' at 40! Every song on the soundtrack, ranked (including that Kenny Loggins gem)
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Video shows Target store sliding down hillside in West Virginia as store is forced to close
- Beyoncé has been on the move and posting more lately, to fans' delight
- North Carolina removes children from a nature therapy program’s care amid a probe of a boy’s death
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Murders of women in Kenya lead to a public outcry for a law on femicide
Ranking
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Snoop Dogg's Brother Bing Worthington Dead at 44
- Horoscopes Today, February 15, 2024
- How to Watch the 2024 People's Choice Awards and Red Carpet
- The company planning a successor to Concorde makes its first supersonic test
- Heather Rae El Moussa Reacts to Valentine’s Day Backlash With Message on “Pettiness”
- Taylor Swift tickets to Eras Tour in Australia are among cheapest one can find. Here's why.
- Deion Sanders bets big on new defensive coach: What to know about his Colorado contract
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
What is Christian nationalism? Here's what Rob Reiner's new movie gets wrong.
Russell Simmons sued for defamation by former Def Jam executive Drew Dixon who accused him of rape
Murders of women in Kenya lead to a public outcry for a law on femicide
2 killed, 3 injured in shooting at makeshift club in Houston
Women's college basketball player sets NCAA single-game record with 44 rebounds
Pregnant woman found dead in Indiana basement 32 years ago is identified through dad's DNA: I couldn't believe it
Brian Wilson's family speaks out on conservatorship filing amid 'major neurocognitive disorder'