March 2nd, the balance of treasure 7 annual yield fell to 5.9710%, the first time since last year, fell below 6% in December 26th.
how to treat this phenomenon? What is the reason for the decline in yields to solve these doubts not only related to the vital interests of investors, but also related to the stability of the future development of Internet banking.
balance treasure and other Internet financial products are basically the money invested in the money market and stable bank deposits. The characteristics of the money market is low return (generally slightly higher than the benchmark deposit rate), yield stability, high security, strong liquidity.