The Dash from Cash

November 15, 2024 — With the Federal Reserve well into its rate-cutting regime, the landscape for money market funds is changing. These safe, liquid assets have attracted investors looking to preserve capital while benefiting from higher interest income in recent years; however, as rates decline, returns on these short-term instruments are also expected to decrease, making it an opportune time to consider extending duration, which could offer more stable returns in this new environment.