Managing Your Money is a financial video series where our team of advisors discusses relevant economic and investment topics intended to help you better understand the financial world.

This video discusses the current interest rates, why they are rising, and what impact it could have on you.

The commentary in this video is prepared by Pekin Hardy Strauss, Inc. (dba Pekin Hardy Strauss Wealth Management, “Pekin Hardy”) for informational purposes only and does not constitute legal, tax, accounting, investment, or other professional advice. The views expressed are as of the date of the video and are subject to change. Certain information contained herein has been obtained from third parties. While such information is believed to be reliable, Pekin Hardy assumes no responsibility for the accuracy of the information. The views expressed are those of the authors as of the date of publication of this report and are subject to change at any time due to changes in market or economic conditions. The comments should not be construed as a recommendation of individual holdings or market sectors, but as an illustration of broader themes. Pekin Hardy Strauss Inc. cannot assure that the type of investments discussed herein will outperform any other investment strategy in the future. The MOVE index, or Merrill Lynch Option Volatility Estimate Index, is a crucial gauge of interest rate volatility in the U.S. Treasury market calculated from options prices, which reflect the collective expectations of market participants about future volatility.