[This is part of the series: The Complete Guide To Economics 101.]
What are money market assets?
Money Market assets are financial assets that have a short-term maturity.
This maturity length can last anywhere from a few hours up to one year.
And the brunt of money market trading happens between large financial institutions.
The most recognizable instruments bought and sold in the money market include:
- T-bills
- Commercial paper
- And CD’s