$7,000,000,000,000 in Cash Sidelined As Investors Refuse To Pour Capital Into Risk Assets: Report

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A total of $7 trillion is now fully sidelined as a group of investors refuse to pour their cash into risk assets, according to a new report. New figures show the amount of capital sitting on the sidelines in money market funds is at a fresh record high, reports Reuters. Money market funds allow people to invest in lower-risk and short-term debt securities including US Treasuries. Investors began flocking to them in 2022 when the Fed began to aggressively raise interest rates, boosting yields. Fl...