This is a way for the central bank to tighten the currency, which will increase the time cost of the currency. Generally speaking, it will increase the spread, which is not good for the stock market. It can be seen that it is good for the cargo base and will increase income; For bonds, the medium and long term will be good, and the pure debt base will increase the income. Generally, both funds can be added; It is bad for the stock market, which will increase the financing cost of listed companies and reduce profits. The stock base mainly holds stocks, so the net value will decrease, and thus the stock base income will also decrease. Therefore, it is necessary to lighten up the position at this time.