Tianhong Yu'ebao's 7-day annualized yield fell below 1.5%.

June 26th news, since the beginning of this year, with the low return of risk-free assets, the 7-day annualized return of Tianhong Yu'ebao Monetary Fund, which is approaching 750 billion yuan, has officially fallen below the 1.5% level. Wind data shows that as of June 25th, the 7-day annualized return of Tianhong Yu'ebao Monetary Fund reached 1.4970%, setting a new low since December 20, 2022. The overall return of monetary funds is also "falling". The latest average 7-day annualized return of 881 monetary funds included in the statistics of the whole market is 1.725%. Compared with 2.452% at the beginning of this year, the 7-day annualized return of 40 monetary funds is less than 1%. Industry insiders predict that under the influence of the steady decline of the bond yield center and the reduction of deposit interest rates, the yield of money funds may continue to decline in the short term. In the future, with the stabilization and recovery of the macro economy, the yield of money fund investable assets will resume upward, and the yield of money fund is expected to increase.