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Fast-growing money market funds linked to 'exuberant' equity markets and systemic risk

Phys.org — September 11, 2026 at 01:25 AM UTC

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Fast-growing money market funds linked to 'exuberant' equity markets and systemic risk

Money market funds (MMFs) that grow rapidly when equity markets are soaring pose a systemic risk to global financial systems, new academic research reveals.