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Money Market Mutual Funds: Holdings evolve amid revamp debate

Another chart related to my research on money market mutual funds, a type of retail investment offering great liquidity and yields that follow market rates on short-term securities.  Each series in the figure represents a type of assets held by this sector. The data are from the U.S. Financial Accounts; all I have done is divide by GDP to take out the effects of the gradual expansion of the overall  economy.  The larger items are shown with heavier lines. Note that asset-backed and GSE (Fannie Mae, etc.) securities holdings fall sharply with the mortgage bust in 2008. The regulatory framework for these instruments is set by the SEC and various changes are being debated at the start of a new US presidential administration. I previously posted on this topic here.


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