AS U.S. SHORT-TERM RATES RISE, FUND MANAGERS SEE SOME OPPORTUNITIES

By Karen Brettell © Reuters/Leah Millis FILE PHOTO: Federal Reserve Board building is pictured in Washington (Reuters) - With the Federal Reserve likely to accelerate the removal of its unprecedented stimulus, some short-term rates have moved higher and offered money fund managers rare opportunities to generate yield. For example, three-month commercial paper rates that finan...

Source: