Money Markets and the Low Rate Environment
As the government has continued to lower the federal funds rate we can also expect to see money market yield rates continue in that direction. While the money market yields may decrease, we are assured that the net asset value of the money markets will hold stable and continue to provide safety and liquidity.
If you have any questions, please contact Jaycee Smalley at 713-388-6322 or jsmalley@newcapitalmgmt.com.