Treasury vs HYSA Calculator

High Yield Savings Accounts (HYSA) offer rates that can be competitive with Treasuries. However, they differ in a few key areas. Timing: HYSA rates are variable and subject to change at any time. Treasuries have fixed time intervals. Ownership: HYSA rates are incentives offered by banks. Treasuries are issued by the US government. Taxes: HYSA income is subject to both federal and state taxes. Treasuries are exempt from state taxes.