Showing posts with label euro zone money market funds. Show all posts
Showing posts with label euro zone money market funds. Show all posts

June 17, 2014

Funds keep faith with euro money markets as rates dwindle

LONDON (Reuters) - The European Central Bank's decision to cut its deposit rate below zero is unlikely to cause a stampede out of euro zone money market funds, with some investors expecting yields to stay positive in the near term.