RUTXX - Treasury only, no agency, No Lemons. RIGHT?that is why I took a hit on the interest rate of return, in case this happened.HOWEVER, I think RUTXX is being frozen in AMTD regardless.anyone have a clue?gorg
Reserve has frozen the govt money market fund but does not mention the Treasury fund. I suspect they have been flooded with redemptions for this fund also and will announce a temporary suspension of redemptions.
Thats exaclty what I want to know(2% rate cut to skip risk).I think it will redeem 7 bussiness days as money is in T-bills.