Rising interest rates and market volatility | March 2022

Published: March 3, 2022, 1:48 p.m.

b'Even before the Ukraine crisis emerged, markets were looking fragile. A shift in monetary policy direction from central banks in response to mounting inflationary pressures had pushed bond yields higher. This prompted a significant sector rotation in markets \\u2013 away from US, growth and technology towards less rate-sensitive \\u2018old world\\u2019 sectors.'