*ECB disappoints bears, euro seen rising to $1.40. LONDON, March 7- The euro raced to a 2-1/ 2 year high against the dollar on Friday as short term money market rates rose on signs that the European Central Bank's balance sheet was contracting at a time when other major central banks were still expanding theirs.» Read More
The goal of money market funds is to never lose money and maintain a net asset value (NAV), or per-share value, at $1, and when their NAV goes below $1, this is called breaking the buck. CNBC explains.
CNBC's Mary Thompson provides details on the impact the whole debt ceiling showdown is having on what many consider to be among the safest investments.
Money market funds are required by law and by their own charters to hold only high-quality securities. So if the ratings agencies downgrade the credit of the United States, will they have to sell their Treasury holdings?
Money market funds have long been a popular haven for conservative investors, but they could become one way that the tremors of the financial crisis in Greece touch the pocketbooks of Americans — about 50 million of them the New York Times reports.
CNBC's Kate Kelly looks at the impact the Greek crisis could have on your money market fund. Peter Crane, president of Crane Data, weighs in, as well.
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.