According to Jinshi, assets held by U.S. money market funds rose to a record high as the latest Fed speech showed officials were in no hurry to start cutting interest rates and investors expected short-term interest rates to remain high. Data from the Investment Company Association showed that about $70.5 billion flowed into U.S. money market funds in the week ending April 3, the largest weekly increase in three months. Total assets rose to $6.11 trillion from $6.04 trillion the previous week.