SPDR Bloomberg 1-3 Month T-Bill ETF

Billionaire investor Chamath Palihapitiya warns of rising investor fear as money market fund assets hit a new all-time high of $7.24 trillion, indicating a 'risk-off' market sentiment as investors flee riskier assets in favor of safer, yield-generating instruments.

Related tickers: BIL.

The Federal Reserve's decision to cut interest rates by 0.5% may drive investors away from money market funds and into longer-duration bonds, according to a portfolio manager. This is because money market yields are becoming less attractive, and investors may seek capital appreciation from bonds as yields fall.

Related tickers: BIL, GSY.