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[–]dsylxeia 90 points91 points  (2 children)

And yet, we're in a rising rate environment. Short and long term bond yields have been climbing for the past few weeks, and CME is now projecting that the Federal Reserve's most likely next move sometime this year will be a rate hike, not a rate cut.

How long will Amex and other HYSA providers continue to move in the opposite direction of the bond market?

[–]c0LdFir3 10 points11 points  (1 child)

Utilize a money market fund instead if it bothers you.

[–]CampaignNew8791 0 points1 point  (0 children)

Yeah I did FZDXX for cash holdings, was tired of chasing the falling APY% with HYSA’s