Money fund is a kind of money market tool that gathers idle social funds and is invested by fund managers in a "low-risk" way. Where should I invest? Take Yu 'ebao as an example. It can be seen from the investment scope and investment details of Yu 'ebao's prospectus that Yu 'ebao holds Yishui's interbank deposit certificate!

What's the reason for the high income from investment in interbank deposit certificates? Because the market is short of money now, it shows that the central bank's funds are tightening now, which leads some joint-stock banks and city commercial banks to regard interbank deposit certificates as "life-saving straws" in order to make up for the lack of funds, and the yield of interbank deposit certificates will naturally rise!