If it is stipulated by the Monetary Fund, when the price of bonds or central bank bills deviates to a certain extent, the proceeds must be sold to ensure the interests of the holders.
Recently, the bond market has been affected by interest rate cuts, and prices have soared. Therefore, many money funds will actively or passively cash in these gains, resulting in a huge increase of 10,000 gains that day.
In the long run, the yield of the money fund will only be equivalent to 1 year deposit interest rate, and it will be slightly lower than the current deposit interest rate, so the short-term surge does not need too much attention, and it is not the basis for choosing the money fund.