1: On the one hand, the decline in the income of bank wealth management products is related to the decline in the income of invested financial instruments, on the other hand, the overall yield of the investment market decreases. Bank wealth management products are mostly closed and have poor liquidity. But its advantage is capital preservation, which is a better investment choice for conservative investors. The decline in the income of bank wealth management products is inseparable from the overall environment. As you can see, when the income of bonds and money funds is declining, the income of bank wealth management products is often declining.

Only when the market as a whole performs well can the income of bank wealth management products rise.

First, if the deposit interest rate is not high, then the bond interest rate in the market, whether national debt or other bonds, may not generally increase accordingly, so the deposit interest rate may be a basis for other bond interest rates.

Second, there may be more funds available for investment in the market now, but there may be fewer places where stable investment returns can be obtained. There may be more and more funds biased towards safe and stable investment returns, and there may be more funds to choose some safe deposits and safer bond products.

Third, in fact, the yield of general wealth management products may be difficult to achieve very high. Generally speaking, the most is to invest in deposit products and make some investments in the bond market. If you want to invest in other varieties, the risk may be higher. Now financial regulators may also regulate the management of wealth management products. The issuance of high-yield but high-risk wealth management products may also be subject to some strict restrictions.

Therefore, with the increasing awareness of many investors on the risks of wealth management investment products and the restrictions of financial regulators on high-risk wealth management products, more funds may flood into wealth management products with higher security and lower yield. Due to the increase of investment funds, the yield of such wealth management products may also decrease.

Fourth, affected by the epidemic, the domestic and international markets continued to slump.