Investors are concerned that the Federal Reserve may increase interest rates to cool inflation, leading to a dip in US stock futures on Monday. The broader earnings season has been solid, thanks to better-than-expected profits from the biggest US banks, including JPMorgan. However, Refinitiv forecasts predict collective S&P 500 earnings are likely to fall by 4.7% from last year to a share-weighted $421.0 billion. Coca-Cola and First Republic were the first companies to release earnings reports today, followed later in the week by Microsoft and other big tech firms. Benchmark 2-year Treasury note yields were little-changed from their Friday close at 4.15% in overnight trading, while 10-year paper was changing hands at 3.535%. These high interest rates, fuelled by inflation concerns, are affecting other markets, with Credit Suisse revealing investors pulled 61.2 billion Swiss francs ($68.6 billion) in assets in the first quarter. Struggling regional banks like First Republic suffered the worst, with shares sinking 22.31% in overnight trading.