1. The central bank lowered the RRR. In 218, from the beginning of 22 to May, the central bank issued 3.65 trillion yuan of funds through four RRR cuts, 2.7 trillion yuan through five RRR cuts and 1.75 trillion yuan through three RRR cuts. The central bank has repeatedly cut RRR deposits, which makes the bank's deposits less than before, and the interest rate of natural deposits will also drop.
The main investment directions of Yu 'ebao are bank deposits, bills and low-risk bonds. Among them, the deposits in the bank are the most. Therefore, when the bank is not short of money, the income of Yu 'ebao will naturally decline, which is also the main reason for the lower and lower income of Yu 'ebao. As the central bank cuts interest rates or RRR cuts interest rates again in the future, Yu 'ebao's income may break through a new low.
2. because the scale is too large, the regulatory authorities think that the risk is too large, so in order to reduce the scale. Yu 'ebao began to restrict purchases for a limited time, and eventually launched some fund companies. However, due to the huge scale of funds, the operational flexibility of fund managers has been reduced a lot, and in order to control the scale, the rate of return began to slowly decrease.
3. There are more and more substitute products, and the competition between money funds and various treasures is becoming more and more fierce. People will choose more attractive products according to the rate of return, and the redemption pressure of Yu 'ebao is too great, which will also lead to a decrease in the rate of return.
Extended information:
Solution to low income of Yu 'ebao:
You must find some substitutes for Yu 'ebao, and you can go to the bank. T wealth management products are available in most areas of the bank. At present, the annualized rate of return is slightly higher than that of Yu 'ebao, mostly above 3%, and the wealth management products with higher yield can exceed 3.5%. After the introduction of the new asset management regulations, the minimum purchase amount of products has been greatly reduced, and the minimum purchase amount of most products is 1 thousand yuan. It is superior to money funds such as Yu 'ebao, and the redemption amount in a single day is relatively high. Some products can be redeemed for more than 1 million yuan in a single day during trading hours.
Of course, compared with Yu 'ebao, it will be a little more troublesome when shopping, and it will be redeemed before being used for payment. The advantage is that the redemption time of funds is short. Basically, you can get the money back in a few seconds, which is much faster than Yu 'ebao. If your funds exceed 1, yuan, you can transfer the funds back to the bank and earn more financial income.
the difference between living money management and Yu' ebao:
Living Qian Bao and Yu' ebao are both cash management services launched by Alipay platform, and users can get corresponding interest income by depositing funds, but there are also great differences between them, mainly as follows:
1. Different monetary fund products are invested
There are only five monetary funds in Living Qian Bao, but there are about 2 monetary funds in Yu' ebao, and investors can choose any one of them.
2. The deduction channels are different
You can choose to deduct the balance from the bank card, while you can deduct the money from the balance, bank card and change.
3. The redemption time is different.
Yu 'ebao is divided into quick redemption and ordinary redemption. The quick redemption has a daily limit of 1, yuan, and the funds will arrive in a few minutes;
4. Different purposes of accounts:
If the funds are placed in Yu 'ebao, investors can also spend money, transfer money, give out red envelopes and other businesses; And put the funds into living money management, can not be used for consumption.
Generally speaking, both of them are extremely low-risk money funds, and there is almost no possibility of principal loss.