WMP Update Through July 11

Charts from 金牛理财.

The 金牛 WMP Yield Index.

The yield on state-owned/large bank products (yellow), versus small/medium banks (orange) and the spread (blue).

The yield on guaranteed products (yellow) versus non-guaranteed (orange) and the spread (blue).

The yield on short maturity products (yellow) versus medium/long maturity (orange) and the spread (blue).