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Investors' cash buildup comes at a cost

Reuters  |  NEW YORK 

By Richard LeongNEW YORK (Reuters) - Investors sitting on a mountain of cash built up since late last year may be paying a price for playing it too safe in the first weeks of 2019.Individuals and institutions have poured tens of billions of dollars into money market funds amid the aftershock of last year's punishing losses from stocks and next-to-nothing from bonds. Ongoing turmoil from trade tensions between China and the United States, political infighting in Washington and interest rate increases from the Federal Reserve have also inspired the rush into cash.Despite those concerns, Wall ...

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First Published: Mon, February 11 2019. 17:47 IST