{"id":4298,"date":"2023-10-10T12:47:00","date_gmt":"2023-10-10T04:47:00","guid":{"rendered":"https:\/\/www.bis.hk\/?p=4298"},"modified":"2023-12-21T12:49:54","modified_gmt":"2023-12-21T04:49:54","slug":"monthly-viewpoint-september-2023","status":"publish","type":"post","link":"https:\/\/www.bis.hk\/zh-hk\/monthly-viewpoint-september-2023\/","title":{"rendered":"Monthly viewpoint &#8211; September 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_09 September_Viewpoint.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">Download Article<\/a><\/p>\n\n\n\n<p>Q3 finally began to adjust to the Fed narrative of tighter for longer. Bond yields had already moved<br>substantially higher as interest rates were pushed up relentlessly, starting in March 2022, but the<br>biggest moves have been in short duration tenors, moving up broadly in line with the Fed Funds rate,<br>while longer duration yields had risen by much less, leading to a steeply inverted yield curve<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Data from the US economy has proved to be surprisingly strong this year, and the labour market remains tight, with<br \/>\nwages rising at close to 6% <\/p>\n<p class=\"customLink\"><a class=\"\" href=\"https:\/\/www.bis.hk\/zh-hk\/monthly-viewpoint-september-2023\/\">\u66f4\u591a<\/a><\/p>\n","protected":false},"author":2,"featured_media":4295,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[48],"tags":[],"class_list":["post-4298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-48"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/4298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/comments?post=4298"}],"version-history":[{"count":2,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/4298\/revisions"}],"predecessor-version":[{"id":4304,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/posts\/4298\/revisions\/4304"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media\/4295"}],"wp:attachment":[{"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/media?parent=4298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/categories?post=4298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bis.hk\/zh-hk\/wp-json\/wp\/v2\/tags?post=4298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}