Rates Traders Enjoyed 48% Revenue Leap as ‘New Regime’ Beckons
The world’s biggest banks just enjoyed their second-best year for rates trading in a decade as rising interest rates and soaring inflation brought lucrative turbulence to the market.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Rates Traders Enjoyed 48% Revenue Leap as ‘New Regime’ Beckons

### Response: The world’s biggest banks just enjoyed their second-best year for rates trading in a decade as rising interest rates and soaring inflation brought lucrative turbulence to the market.