A money market works in a similar kind of way.
In effect, the money market was subject to a bank run.
All of them had lost faith in the money market.
The total is equivalent to a black money market of $3.5 billion/year.
The money market did not seem to be half so tight as it was the day before.
We'll take a look at how the interest on money market accounts works in the next section.
They did cut the money market accounts a little more, to 3.78 percent, down 3 basis points.
Their price moves by the minute in line with the money market.
Since then the total value of money markets have remained low.
It was making business extremely difficult in the money markets.