倒挂!存5年利率比存3年还要低

Core Viewpoint - The cancellation of five-year fixed-term deposits by banks, starting with the Inner Mongolia Tuyuqi Mengyin Village Bank, indicates a potential industry trend rather than an isolated case, as many private and internet banks are following suit due to declining interest rates and the phenomenon of interest rate inversion [2][4]. Group 1: Reasons for Cancellation - Banks are discontinuing five-year fixed-term deposits primarily to address the narrowing net interest margin, as loan rates are decreasing faster than deposit rates, leading to higher costs for long-term deposits [3][4]. - The Tuyuqi Mengyin Village Bank has also lowered rates for other term deposits, with the one-year rate dropping to 1.45% and the two-year rate to 1.55% [4]. Group 2: Market Response and Trends - The average annualized yield for bank wealth management products has risen to approximately 2.12%, significantly higher than the current one-year fixed deposit rate of 0.95%, prompting a shift in investor preference towards these products [7]. - The number of individuals holding bank wealth management products has increased by 12.70% year-on-year in the first three quarters of this year, indicating a growing trend towards these alternatives [6][7]. Group 3: Future Directions for Banks - The shift away from long-term fixed deposits towards wealth management services reflects a broader transformation in the banking industry, where competition will increasingly focus on providing diversified asset allocation solutions [8]. - Banks that can effectively meet customer needs with stable and competitive yield products are expected to gain an advantage in the evolving market landscape [8].