(NYTIMES) - The stock market hasn't provided much joy, bonds have been a source of considerable pain and inflation is troubling. But at last there is a glimmer of good news for people who need a place to park their cash: Money market mutual funds are finally beginning to pay a little interest.
These funds are a convenient place for both individual investors and big institutions to keep money temporarily. Their yields have been very low for years, and since the crisis of March 2020, they had hovered near zero, paying investors virtually nothing.
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