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Money Market Funds
Posted: October 3rd, 2008, 8:50 pm
by abhishek542000
What will happen to the money market funds in this environment? Will we see more funds breaking the buck?RegardsAbhishek
Money Market Funds
Posted: October 4th, 2008, 3:04 am
by Traden4Alpha
It's not likely in the U.S. after the Treasury Dept promised to support MMF.
Money Market Funds
Posted: October 4th, 2008, 1:26 pm
by Martinghoul
What will be interesting is what will happen to the MMFs when/if Fed Funds go to 1%. That might pose quite a challenge.
Money Market Funds
Posted: October 6th, 2008, 4:27 am
by nazzdack
If the Fed Funds rate were to get down to ~0.75 basis points, MMF's would stop paying out interest to fundholders because they won't be able to cover their own expenses at a lower rate.