If you haven’t been following the interest rates space closely, you might have missed the huge moves in interest rates the past 2 months. Just 2 months ago, the market was pricing in 4 rate cuts in 2023. As of today, the market is pricing in up to 3 more interest rate hikes in 2023, taking us close to a peak of 6% on the Fed Funds rate. We’re already starting to see this show up in higher yields for T-Bills and Singapore Savings Bonds. And if this keeps up, we’ll start to see more shifts in global asset pricing. So I wanted to take some time out to discuss this move and its impacts. And venture some guesses as to what might happen with interest rates in the next few months. You can see the impact on US interest rates – which spiked this week post ADP data You can see this shown very clearly in US interest rates....