Rising interest rates drew trillions of dollars into money market funds and other cash like investments in the past two years, with more than $8.8 trillion parked in money funds and CDs as of the third quarter of 2023.
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Rising interest rates drew trillions of dollars into money market funds and other cash like investments in the past two years, with more than $8.8 trillion parked in money funds and CDs as of the third quarter of 2023.