Even for the banks healthy enough to ride this out, the low-yielding assets on their books mean they are going to have to fund low-yielding assets with higher-yielding liabilities and that will be a hit to earnings.

Source: https://seekingalpha.com/article/4586920-weekly-market-pulse-it-is-not-bailout?source=feed_all_articles

"It's impacting higher-yielding week-long stays," she said.

Source: https://www.cbc.ca/news/canada/prince-edward-island/pei-cavendish-beach-music-festival-sommo-resort-1.6923912?cmp=rss

On the personal side, you can see the checking account balances floating down a little bit from core expenses and spending while more affluent customers put money into higher-yielding deposits in the market.

Source: https://seekingalpha.com/article/4569826-bank-of-america-corporation-bac-q4-2022-earnings-call-transcript?source=feed_all_articles

Slowing inflation and stable monetary policy should reduce interest-rate volatility, and lower volatility typically favors higher-yielding assets.

Source: https://seekingalpha.com/article/4567740-global-macro-outlook-first-quarter-2023?source=feed_all_articles

The company is now positioned perfectly to take advantage of purchasing higher-yielding assets at cheaper prices.

Source: https://seekingalpha.com/article/4578889-agnc-investment-corp-buy-stock-possible-dividend-raise-capital-appreciation?source=feed_all_articles