February 2023 End-Month Market Review Summary Points:

• Both the equity and bond markets were hit by rising yields as the markets are pricing in a more aggressive rate hike by major central banks. 
• Due to the current global inflationary conditions, interest rates may rise and remain elevated, resulting in continued market volatility.
• Volatility in the market confirms the existence of a market premium, remaining invested enables investors to withstand market fluctuations and reap this premium.