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Money market funds attract massive inflows as bond selloff bit
Global money market funds drew strong inflows in the week ended October 7 as a global bond selloff, concerns over government debt levels in parts of Europe and lingering inflation fears pushed investors toward safer assets. Investors bought global money market funds of a net $153.81 billion during the week, registering their largest weekly net purchase since May 6, LSEG Lipper data showed. [...]