Investors are sitting on a mountain of cash as household reserves now stand four times higher than pre-COVID-19 levels, while money market reserves rose to all-time highs. However, a trifecta of concerns from rising interest rates, persistent inflation, and an evolving US tax picture are making investors reluctant to deploy that cash. Watch AllianceBernstein’s Putting Client Cash to Work - Efficiently webcast to hear from AB’s fixed-income experts.