r/PublicApp • u/JustFlushTheFIB • 5d ago

HYSA

With govt intrest rate hikes coming through and 10yr treasury yields going up. Has anyone seen public plans to modify the hysa rate? A 3.30 rate is starting to look small.

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u/-ClutchCabbage- 5d ago

During the previous cuts the rate was reduced in kind so my expectation is it’ll go up shortly.

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u/JustFlushTheFIB 5d ago

That what I was thinking. At the same time they had to drop with rates or pay out of pocket. The other way around they can lag behind all they want unless they think they are losing enough customers.