币界网报道：Money market funds have surged to a record $5.7 trillion as investors seek safety amid expectations the Federal Reserve will maintain higher interest rates for longer. The latest weekly data from the Investment Company Institute shows inflows of $45.4 billion, marking the fourth consecutive week of growth. Institutional investors led the charge with $34.8 billion in new allocations, while retail investors added $10.6 billion. The trend reflects growing risk aversion as Treasury yields hover near 16-year highs, with the 10-year note yielding around 4.5%. Analysts note the Fed's "higher for longer" stance on rates is driving cash into these low-risk instruments, particularly government funds which saw $33.5 billion in inflows versus $11.9 billion for prime funds. The sustained demand suggests markets are pricing in delayed rate cuts despite recent softer inflation data.