Thoughts on rising rates impact on corporate accounts

Been following the Fed's commentary closely, and the signals for continued rate hikes are pretty clear. It makes me wonder about the implications for corporate accounts, especially those held offshore. On one hand, higher rates could mean better returns on cash for some businesses, but it also increases the cost of borrowing for others. I'm thinking about how this shifts the landscape for where companies might choose to park their liquidity. Are we seeing a move towards more stable, yield-bearing options, or is the focus still primarily on access and low fees?