Money Markets Have a $750 Billion Problem in Zero-Rate World
The Vanguard Group headquarters are seen in Malvern, Pennsylvania. (Photographer: Mike Mergen/ Bloomberg News)

Money Markets Have a $750 Billion Problem in Zero-Rate World

(Bloomberg) -- A $750 billion industry still struggling to bounce back from the last crisis is cracking under the Federal Reserve’s lower-for-longer mantra on U.S. interest rates.
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