Core Insights - The Federal Reserve's interest rate cut has sparked discussions about the future of dollar-denominated financial products, with many investors questioning whether to redeem their investments [1][2] - Current annualized yields for dollar financial products are around 3.6%, with expectations for further declines in the future [2][4] - Experts emphasize the importance of considering exchange rate risk, interest rate decline risk, and liquidity risk when investing in dollar financial products [1][4] Yield Expectations - Recent consultations with bank representatives indicate that the annualized yield for dollar financial products has been between 3.66% and 3.7% over the past six months, but is expected to drop to a range of 3.2% to 3.4% due to the interest rate cut [2][3] - Compared to similar risk-level RMB financial products, dollar financial products have historically shown better performance [2] Risk Considerations - The primary concern for investors is not the declining yields but the potential losses from exchange rate fluctuations, which could negate any gains from financial products [3][4] - Investors are advised to be cautious about redeeming dollar investments if the costs of currency exchange result in losses [3] Asset Allocation Strategies - Experts suggest that banks and financial institutions should optimize product structures by incorporating floating-rate bonds and multi-currency assets to enhance resilience against market cycles [4][5] - There is a recommendation for the introduction of inflation-protected securities and products that dynamically hedge against exchange rate risks [4][5] - Long-term strategies should focus on building a resilient multi-dimensional asset portfolio to navigate the new normal of declining interest rates [5]