中美利差将进一步收窄

Core Viewpoint - The current 3% USD deposit interest rate is seen as a peak, with expectations of a downward trend in the future, narrowing the interest rate advantage over RMB deposits [1][2] Group 1: USD Deposit Rates - Experts suggest that the USD deposit interest rate is likely nearing its cyclical peak, with the Federal Reserve's policy shift expectations and declining US Treasury yields compressing banks' asset yield space [1] - If USD deposit rates continue to decline, the interest rate advantage over RMB deposits will diminish [1] Group 2: RMB Deposit Rates - Major state-owned banks offer three-year term large deposits with rates only in the "1" range, such as Agricultural Bank and Bank of China, both at 1.55% [1] - Even private banks known for high interest rates have large deposit rates around "2", with WeBank offering a one-year term at 2.1% but facing high demand [2] Group 3: Investment Recommendations - Investors are advised to rationally allocate based on fund usage and risk preference, prioritizing short-term USD products to capitalize on current high-interest opportunities [2] - It is recommended to assess exchange rate fluctuations carefully when converting to USD to avoid blindly chasing interest rate differentials [2] - Diversifying asset allocation is suggested as more beneficial for balancing risk and return compared to relying solely on deposits [2] - Regardless of USD or RMB deposits, it is important to compare rates across banks as there are interest rate discrepancies [2]