{"id":4247,"date":"2023-12-21T11:47:43","date_gmt":"2023-12-21T03:47:43","guid":{"rendered":"https:\/\/www.bis.hk\/?p=4247"},"modified":"2023-12-21T11:47:43","modified_gmt":"2023-12-21T03:47:43","slug":"monthly-viewpoint-april-2023","status":"publish","type":"post","link":"https:\/\/www.bis.hk\/zh-cn\/monthly-viewpoint-april-2023\/","title":{"rendered":"Monthly viewpoint &#8211; April 2023"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p><img decoding=\"async\" style=\"width: 30px;\" src=\"https:\/\/www.bis.hk\/wp-content\/uploads\/2020\/11\/833px-PDF_file_icon.svg_.png\" alt=\"\">\u00a0Monthly Market review \u2013\u00a0<a href=\"https:\/\/www.bis.hk\/PDF\/2023_04 April_Viewpoint.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Article<\/a><\/p>\n\n\n\n<p>After the surge of volatility in March triggered by the collapse of several banks, markets were remarkably calm in<br>April, with the VIX index of US equity market volatility dropping to its lowest levels since late 2021. US Treasury<br>bond yields fell marginally over the month, corporate credit and high yield bond spreads narrowed slightly, and<br>equities continued their recovery from the March sell-off.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The apparent calm masked troubling<br \/>\nturbulence for markets below the<br \/>\nsurface <\/p>\n<p class=\"customLink\"><a class=\"\" href=\"https:\/\/www.bis.hk\/zh-cn\/monthly-viewpoint-april-2023\/\">\u66f4\u591a<\/a><\/p>\n","protected":false},"author":2,"featured_media":4244,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-4247","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-46"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/posts\/4247","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/comments?post=4247"}],"version-history":[{"count":1,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/posts\/4247\/revisions"}],"predecessor-version":[{"id":4250,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/posts\/4247\/revisions\/4250"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/media\/4244"}],"wp:attachment":[{"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/media?parent=4247"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/categories?post=4247"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-cn\/wp-json\/wp\/v2\/tags?post=4247"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}