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What happened to the continuous decline of yu'ebao's earnings? Reasons for the decline of yu'ebao's

As our friends who invest in yu'e Bao all know, yu'e Bao's income has dropped to 3.2% in recent months. Are many people who put money in yu'e Bao very nervous? Why does yu'ebao's earnings fall? What are the factors that affect the income of yu'ebao?

1、 The reasons for the continuous decline of yu'ebao's yield

In the near future, the yield of yu'ebao has declined significantly. In the view of Mr. Xi Caijun, it can be said that it is expected, and the main reasons are as follows:

1. The easing of monetary policy.

This can be said to be the main reason. All investors should have found that with the market interest rate falling all the way, not only the monetary fund, but also the deposit interest rate and the bank financing rate of return are falling. Then, of course, the decline of yu'ebao rate of return is reasonable.

2. Money fund access to yu'ebao.

Some time ago, many monetary funds were connected to yu'ebao. Yu'ebao is a high flow channel. After these monetary funds are connected to yu'ebao, a large number of funds will flow in and expand rapidly in a short period of time, which will certainly dilute the income of the monetary fund, leading to the decline of yu'ebao's income.

3. Yu'ebao requires high liquidity and stability of funds.

After the access of the monetary fund to the balance treasure, it is possible to adjust the investment style before, such as shortening the duration to improve liquidity; moreover, after the access to the balance treasure, the cost of the consignment of the fund should be increased. After all, Alipay is not who wants to enter.

4. The influence of directional declination.

According to xicaijun's observation, since the formal implementation of the reduction on July 4, yu'ebao's revenue has declined significantly. Yu'ebao mainly invests in low-risk products such as bank agreement deposits. After the reduction of the standard, the bank's own funds increase and the demand for agreement deposits decreases, so the income of agreement deposits decreases. Therefore, yu'ebao's income is also affected.

2、 Will yu'ebao's yield fall below its previous low of 2.4%?

As the yield of yu'ebao keeps falling, another thing investors are concerned about is whether the yield of yu'ebao will fall below the previous minimum of 2.4%. For this problem, Mr. xicaijun believes that the yield of yu'ebao will still fall.

Specifically, the current monetary policy tone has been set, from maintaining liquidity 'reasonable stability' to 'reasonable abundance', that is to say, the whole will be a stable and loose tone. In this tone, the market interest rate will continue to fall, and the yield of yu'ebao will naturally fall. As a result, yu'ebao's yield fell below its previous low of 2.4%, which may only be a matter of time.

Conclusion: it can be seen that the current loose monetary policy is the main reason for the decline of yu'ebao's yield. Many investors will want to subscribe for other financial products. Although this method is desirable, we also need to know that other financial products are also affected by monetary policy, and their current yield is relatively low. Therefore, how to operate depends on personal needs!