US money market fund assets hit record $5.11 trillion in Q2 2026 as Fed raises rates to 4.00%, signaling potential headwinds for risk assets including crypto.
Macro & Markets ·
US household money market fund assets reached a record $5.11 trillion in Q2 2026, up $63 billion and marking the 17th consecutive quarterly increase since a cumulative gain of $2.58 trillion. The Federal Reserve raised its benchmark rate by 25 basis points to 4.00%, with markets pricing in 3 additional rate hikes through mid-2027, potentially making risk-free investments more attractive relative to riskier assets.