Record $8 Trillion Cash Piles Up in Money-Market Funds as Tech Selloff Drives Traders to Treasury Safety

Investors are rushing into the safety of U.S. Treasury markets as a selloff in technology stocks deepens, with a record $8 trillion now parked in money-market funds, according to the Investment Company Institute. The flight to safety underscores mounting anxiety over high-flying tech valuations and broader market volatility. The shift into cash and government debt reflects a defensive posture as traders seek refuge from equity market turbulence. The record cash pile highlights the scale of investor caution, with market participants bracing for further declines in risk assets. This move into safe havens could signal a longer-term rotation away from growth stocks if volatility persists.