Why Didn’t Vanguard, the Largest Mutual Fund Family in the U.S., Need to Borrow from the Fed while the Wall Street Titans Did?

For the past week, Wall Street On Parade has been crunching the cryptic data released by the Federal Reserve on March 31 that named the mutual funds that couldn’t meet redemption requests in their money market funds in March and April of 2020 without tapping loans from the Fed.