Money-market funds rake in $300 billion in just three weeks as banks face deposit 'bleed-out'

• A record $304 billion has flowed into money-market funds in just three weeks as the banking turmoil spurs deposit withdrawals. 
• "The flows have gone from a hemorrhage to a bleed out," Wall Street analyst Jim Bianco said in a tweet, referring to a slowdown in such flows this week.
• Investors are fretting about the safety of their deposits after SVB's collapse, fueling a deposit run into money market funds. 

The wall of money migrating into US money-market funds has risen to $304 billion in just three weeks, as depositors spooked by the banking turmoil look elsewhere to park their savings.