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News Wire / economy

Tianhong Yu'ebao Fund Yield Drops Below 1%

Zhihu Beijing 7d7d Impact 4
The 7-day annualized yield for the Tianhong Yu'ebao money market fund fell to 0.999% on May 2.

Topics

money market funds interest rates

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Sources · 7 independent

Zhihu

“2 日,天弘余额宝货币市场基金近 7 日年化收益率降至 0.999%,历史上首次跌破 1% 的整数关口。”

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