Barclays Strategist Joe Abate Sees A ‘Second Wave’ of Deposit Outflows Coming for Banks
Deposit holders may “wake up” to higher rates available in money market mutual funds.
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### Instruction: Barclays Strategist Joe Abate Sees A ‘Second Wave’ of Deposit Outflows Coming for Banks

### Response: Deposit holders may “wake up” to higher rates available in money market mutual funds.