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Why has Tian Hong Yu 'ebao Fund been declining? Is there a problem?
Hello, now the income of various money funds in Alipay is declining. The main reason for the decline is directly related to the national financial policy. Some time ago, the central bank reduced the reserves of major banks, and major banks released a large amount of cash to the market, about 270 billion. Therefore, the market is not short of money and there are few borrowers. Therefore, the income of all kinds of money funds is declining. As an investor, you can only wait and see.