Business
Money-Market Funds Are as Appealing as Ever. Just Don’t Back Up the Truck.
Money-market funds have a lot going for them right now. Not only do they offer safety from turbulent markets, but investors can also earn an attractive 3.45% yield, according to Crane’s index of the 100 largest money-market funds. That’s down from 3.58% at the start of the year, but stable for the past few months and quite a bit higher than most investors expected for midyear.
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