Production out of MMFs around synchronous about three-day Treasury production but are often a little high. Three-few days Treasury efficiency already been descending within the July from about 5.36%, by September 18, the afternoon of your price cut, were as a result of 4.76%, and by the end of September, they certainly were down seriously to 4.60%. However, even the individuals all the way down productivity were still suitable, and you may homes stream more money on the MMFs inside the Q3.

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