How to intercept 401 error?

[KyryloSWAN]

I'm using ky + react + store (mobx) to communicate with backend.
And I'm trying to figure out how to implement submit new access and refresh token pair back to store in case of getting 401 error.
Here is partial implementation of my task. It doesn't contains submitting new access and refresh token pair back to store:

export const api = (token: string) => {
  return ky.extend({
    headers: {
      Authorization: token ? `Bearer ${token}` : "",
    },
    hooks: {
      afterResponse: [
        // retry with a fresh token on a 401 error
        async (request, _options, response) => {
          if (response.status === 401) {
            // Get a fresh token
            const {
              data: {
                accessToken: { token: newAccessToken },
                refreshToken: { token: newRefreshToken },
              },
            }: IAPIItemResponse<IAPIToken> = await ky(
              baseURL + "identity/token"
            ).json<IAPIItemResponse<IAPIToken>>();

            // Retry with the token
            request.headers.set("Authorization", `Bearer ${newAccessToken}`);

            return await ky(request);
          }
        },
      ],
    },
  });
};

Is it possible to use ky to resolve this task?