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Money market rates, also termed money market mutual fund rates, are a measure of the return received on an investment placed...
Money market rates, also termed money market mutual fund rates, are a measure of the return received on an investment placed in money market funds. Money market funds are attractive for short term investing because money market funds are very liquid, the commodity being money itself. The Securities and Exchange Commission requires that the securities be diversified, short maturing, and high credit fixed income debt instruments. The Federal Deposit Insurance Corporation, or FDIC, protects money held by bank money market accounts, whereas even the best...