UPDATE 2-Fed’s money market move lifts Northern Trust fund above key threshold
Liquidity at a $2.2 billion
prime money-market fund run by Northern Trust Corp fell
below the key 30% U.S. regulatory threshold twice last week, but
rebounded above that level after the U.S. Federal Reserve shored
up the industry.
prime money-market fund run by Northern Trust Corp fell
below the key 30% U.S. regulatory threshold twice last week, but
rebounded above that level after the U.S. Federal Reserve shored
up the industry.
Posted by Reuters
