Why is the yield of Yu 'ebao getting lower and lower? Expected annualized expected return of Yu 'ebao < /strong > has become a topic that many people talk about after dinner. The expected annualized expected rate of return of Yu 'ebao, which attracted investors at a high level that day, is now out of sight. The expected annualized expected rate of return of Yu 'ebao is getting lower and lower. What is the reason? < /p > If we want to know that the expected annualized rate of return of Yu 'ebao is getting lower and lower, we must start with the source of the expected annualized rate of return of Yu 'ebao. Yu 'ebao is a wealth management product after the cooperation between Alipay and Tianhong Fund. Where did Yu 'ebao's funds go? Tianhong Fund deposited this part of the money in the bank and distributed most of the interest earned from the bank to investors through interbank deposits. < /p > How did Yu 'ebao's high expected annualized expected rate of return come from last year? The direct source of the expected annualized rate of return of Yu 'ebao is the expected annualized interest rate of interbank deposits of banks. During the Chinese New Year last year, the demand for loans was in short supply, and the bank's capital turnover was ineffective. Therefore, in order to absorb more deposits, the expected annualized interest rate of interbank deposits increased, and the expected annualized expected rate of return of Yu 'ebao was naturally high. Secondly, the interest on bank loans is high, and the more you lend, the more you earn. Therefore, during the Spring Festival, the bank will give a higher share to Tianhong Fund, which sends carbon to it. This part of the expected annualized expected income is fed back to the user, which is the increase in the expected annualized expected return rate of Yu 'ebao. < /p > Since February this year, the expected annualized rate of return of Yu 'ebao has plummeted, which is greatly influenced by the expected annualized interest rate of interbank deposits. After the peak of lending has passed, the funds needed by banks have decreased, and the expected annualized interest rate paid to interbank deposits has decreased. Therefore, it is inevitable that the expected annualized expected rate of return of Yu 'ebao will decrease.