Interest rates going up means higher interest rates on debt service. As commercial loans hit their maturity dates and those interest rates hike up the entities

Interest rates going up means higher interest rates on debt service. As commercial loans hit their maturity dates and those interest rates hike up the entities which have been barely skating by on low short term rates will be pushed into liquidation. Those failures will spill over into risk of contagion in the financial markets as we find out who has been underwriting bad loans this time. And yes "crisis brings opportunity" and its likely going to be a very good buying time for those with cash on hand near the bottom. Those who have burned up their cash will not get a seat when the music stops.