📈 U.S. Retail Money Market Funds Hit Record $2.2 Trillion in July 2025

U.S. retail money market funds surged to a record $2.19 trillion in July 2025, up 16.7% from a year earlier. Since 2017, retail holdings have more than tripled, underscoring a structural shift toward cash and cash-equivalent instruments. The continued inflows reflect investor caution in an environment of elevated interest rates and economic uncertainty, contributing to rising liquidity buffers across the financial system.