Consider More Duration as Cash Alternative
June 24, 2024 at 08:00 AM EDT
Recent data from the Investment Company Institute indicates that as of mid-June, there’s a record $6.12 trillion in cash sitting in money market funds. Some cash instruments are yielding in the neighborhood of 5%. So it’s understandable why some investors might look to eschew risk while pocketing alluring yields. However, that $6.12 trillion implies many [...] The post Consider More Duration as Cash Alternative appeared first on ETF Trends .
