Interest will go up

Interest rates are likely to go up. FED will remain focused on controlling inflation. Job losses we are seeing are not enough to stop FED action, as FED believes these are not numerous enough to impact economy. FED also doesn't believe recent bank issues are a contagion.

This idea is an expression that interest rates will go up, therefore best play is to go long "interest rate" in whatever way you can, through interest rate swaps or whatever. Assume interest rate rise