#US Non-Farm Payroll Data Will be Released: Bullish or Bearish?


#美国非农数据即将公布,利好还是利空? According to Golden Finance, investors have been injecting liquidity into US money market funds for the fifth consecutive week, which is the latest sign of strong demand ahead of a potential Fed rate cut. According to data from the Investment Company Institute, approximately $37 billion flowed into US money market funds through the week ending September 4, bringing recent cash flows to about $165 billion. Total assets rose from $6.26 trillion the previous week to a record $6.3 trillion. While demand is strong, there is a raging debate over whether money market funds will remain popular once US policymakers begin to reduce interest rates. It is widely expected that the Fed will cut rates later this month. The attractive yields resulting from high rates are fueling the dramatic increase in the size of US money market funds.
FARM-0,72%
ONT-2,27%
MON-1,41%
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