Why the Federal Reserve had to step in again to sop runs on money market mutual funds and keep the financial system from imploding.
Topics covered include:
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Show Notes
Financial Stability Report November 2020—Board of Governors of the Federal Reserve System
How Vanguard Overhauled a Prime Money Fund by Bernice Napach—ThinkAdvisor
Overnight Index Swap by James Chen—Investopedia
Cash Viewpoint: What do Variable Rate Demand Notes do for Your Money Market Fund—Invesco
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