Half-Trillion-Dollar Fund Exodus Magnifying U.S. Bill Shortage

One of the biggest winners in the push to make money-market funds safer for investors is turning out to be none other than the U.S. government. Rules adopted by regulators last month will require money funds that invest in riskier assets to abandon their traditional $1 share-price floor and discl…

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Half-Trillion-Dollar Fund Exodus Magnifying U.S. Bill Shortage