Since March 15, 2017, the U.S. Government has been using extraordinary measures to remain under the debt ceiling. Recent estimates are that these measures are likely to be exhausted in the beginning of October. Learn how our money market funds are positioned in light of this possibility.
Basel III—a set of comprehensive reform measures aimed at strengthening the regulation, supervision, and risk management of the banking sector—is having a profound impact on the way banks view capital and deposits from investors. The new regulations are being implemented gradually by 2019, but the effects of the provisions are already being felt in the market as banks have started to adapt their behavior in line with the new rules.