Money Market Funds Post $33bn Inflows, Largest Of 2017

(Reuters) Investors poured $33 billion into U.S.-based money market funds during the week ended Nov. 29, the largest inflows of 2017, Lipper data showed on Thursday, in a sign that investors might be sensing an end to the equity market’s marathon rally. U.S.-based taxable bond funds attracted $1.56 billion of inflows in the week ended Nov. 29, the group’s second consecutive week of inflows, Lipper said.

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