Alright, the 3-year large deposit interest rate in China is now only 1.55%, officially saying goodbye to the era of 2%! Isn't this also a sign of asset scarcity?! Suddenly realized RWA U.S. Treasury bonds are even more attractive, after all, there's still 4% (assuming no exchange rate losses). Also, stablecoin arbitrage currently still offers around 10%, pretty decent—let's just get through this volatility cycle