Total U.S. money market mutual fund assets fell $2.18 billion to $2.56 trillion for the week that ended Wednesday, according to the Investment Company Institute. Assets in the nation's retail money market mutual funds fell $2.84 billion to $896.27 billion, the Washington- based mutual fund trade group said Thursday.» Read More
Despite contagion risks in Greece and Europe, money market funds are standing by their Eurozone investments. CNBC's Kate Kelly has the details.
Discussing the safety of money market funds and how to protect your investments, with Rob Russell, Russell & Co.; Glenn Hechler, National Securities; and CNBC's Kate Kelly.
CNBC's Kate Kelly reports on the amount of exposure U.S. money market funds have to European banks.
As we explained last week, U.S. money market funds aren't directly exposed to Greek government debt. But they hold around $1 trillion of debt issued by European banks—who are among the biggest creditors of Greece.
John Carney, CNBC.com senior editor takes a look at how the debt crisis in Greece could impact your money market funds.
Money market funds have no explicit guarantee from the US government.
CBC's Kate Kelly has the details on Euro stress impacting money market funds.