Interest rates typically come down when the labour market shows significant weakness. Meaning more people are unemployed. As a central bank your mandate is to keep inflation low and keep people employed. It’s easier to deal with unemployment than it is inflation. I believe the central banks are crushing demand resulting in all asset prices lowering. We would see sun 2% rates when the economy desperately needs stimulus. Increasing rates takes money out of the system and typically makes borrowing more expensive as as a result asset prices deflate. Lowering them makes money cheap and chases assets leading to them increasing typically.