Capital Flows

Capital Flows

Interest Rate Strategy: How High Can They Really Go?

The underlying drivers of interest rates and HOW MUCH equities are at risk

Capital Flows's avatar
Capital Flows
Sep 24, 2026
∙ Paid

The rally in interest rates over the last 3 months has had multiple drivers that are fundamentally misunderstood by market participants. WHEN we do have a drawdown in global equity markets, it will be signaled and confirmed by the underlying drivers in interest rates. I am going to break down these drivers and explain HOW they connect to flows in the market and WHY they frame macro liquidity right now.

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