Clients moved money from two Schwab Value Advantage Money funds, which had a combined $195 billion of assets as of March 15, representing the largest redemptions in at least six months.
Amid the immediate uncertainty around the Fed’s efforts to restore confidence, the battle against inflation suddenly looks easier.
As the dust settles, some thoughts from Zephyr's market strategist.
It's getting increasingly more difficult to trade stocks and bonds without affecting their prices.
Bank ETFs have been at the epicenter of the action over the past week, a stretch which has seen three US banks fail with little warning.