CSOP USD Money Market Fund Wrap – 20230605

- "We are again in a situation where the risks of overheating the economy are the primary risks that the Fed needs to be mindful of," said the Harvard University professor in an interview with Bloomberg Television's David Westin last Friday.

- He said the May jobs numbers released on Friday were “strong” on balance. While the unemployment rate jumped to 3.7% from 3.4% in April, data from the household survey from which the jobless figures are drawn can be noisy, especially in May when schools let out.The payrolls data showed companies added 339,000 workers last month after an upwardly revised 294,000 in April.

Source: CSOP, Bloomberg, Bureau of Labor Statistics as of 20230603.

* Gross yield is based on annualized yield of underlying holdings. 7-day net yield is calculated based on calendar days and NAVs in 5 decimal.

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