The financial markets are currently going through a period of significant turbulence, the strongest seen in recent quarters. The volatility in the bond markets has surpassed even that experienced during the pandemic. This is partially due to the bankruptcy of Silicon Valley Bank and concerns over a possible new banking crisis. As a consequence, the yield curves have undergone significant corrections. This market update provides a thorough analysis of the current situation and examines its connection to economic growth and the latest inflation data. The aim is to ascertain how interest rates are likely to perform and what effect this may have on the markets.