The SEC’s changes to money market fund regulations aim to make the funds less vulnerable to a rush of withdrawals in times of financial stress. But the new rules will also make money funds, especially prime funds, a less hospitable destination for short-term corporate cash.
Administration eyes the estimated $2.6T in offshore money.
Appalling idea would target profit-shifting to tax havens.
Prospect of slowdown or halt in Chinese purchases of U.S. government debt gives bond market the jitters.
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