(Bloomberg) — In the hours leading up to Silicon Valley Bank’s collapse, a slew of startups tried to withdraw their cash. Those that couldn’t turned to a last-ditch option: parking it in third-p...
Tag: MoneyMarket
What Do You Make Of My Junk Money-Market?
Boost your yield and your principal gets nibbled. Here’s how to assess the trade-off. “I bought the Invesco Senior Loan ETF, ticker symbol BKLN, in 2017 and haven’t seen the light of day since. I boug...
Tempted to chase fat yields in money market accounts? Why it might not pay to switch.
The yield chase is on. After more than two years of historically low interest rates, savers are rediscovering that they can earn money on their money by letting it sit. During the pandemic, many saver...