/ Resources / TrustBank Market Insights: Cash or Bonds—What Happens When Rates Change? | September 2026

TrustBank Market Insights: Cash or Bonds—What Happens When Rates Change? | September 2026

Matt Pierce, Vice President and Senior Portfolio Manager, shares insights from our September Chart of the Month, examining how changing interest rates can affect the expected one-year returns of cash and U.S. Treasury securities as well as the trade-off between income and stability today and potential total return over time.