August 15, 2019 / 2:22 PM / 2 months ago

US money fund deposits surged by $202 bln in past 3 months

BOSTON, Aug 15 (Reuters) - U.S. money-market fund deposits surged by about $202 billion during the past three months, the strongest showing in at least a decade, research firm Morningstar Inc said on Thursday.

Reporting By Tim McLaughlin Editing by Chizu Nomiyama

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